Dynamic Technology Lab Private Ltd Has $760,000 Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Dynamic Technology Lab Private Ltd increased its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,301 shares of the financial services provider’s stock after buying an additional 93 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Interactive Brokers Group were worth $760,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IBKR. Contravisory Investment Management Inc. acquired a new position in shares of Interactive Brokers Group during the fourth quarter worth $25,000. SRH Advisors LLC acquired a new position in Interactive Brokers Group during the 4th quarter worth about $28,000. Versant Capital Management Inc lifted its holdings in Interactive Brokers Group by 66.4% during the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after buying an additional 71 shares during the period. Blue Trust Inc. grew its position in shares of Interactive Brokers Group by 90.7% in the 4th quarter. Blue Trust Inc. now owns 185 shares of the financial services provider’s stock valued at $33,000 after buying an additional 88 shares during the last quarter. Finally, Rialto Wealth Management LLC acquired a new stake in shares of Interactive Brokers Group in the fourth quarter valued at about $33,000. 23.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on IBKR shares. Citigroup cut their price objective on Interactive Brokers Group from $242.00 to $215.00 and set a “buy” rating on the stock in a research note on Wednesday, April 2nd. Piper Sandler restated an “overweight” rating and issued a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. UBS Group increased their price objective on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. StockNews.com lowered shares of Interactive Brokers Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods increased their price target on Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $203.50.

Insider Buying and Selling at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright bought 135 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the acquisition, the director now directly owns 2,476 shares of the company’s stock, valued at approximately $543,506.76. The trade was a 5.77 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.99% of the company’s stock.

Interactive Brokers Group Price Performance

IBKR stock opened at $146.08 on Monday. The company’s 50-day moving average is $197.90 and its 200-day moving average is $180.09. The stock has a market capitalization of $61.73 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.59 and a beta of 1.02. Interactive Brokers Group, Inc. has a 1 year low of $103.69 and a 1 year high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the prior year, the company earned $1.52 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. On average, analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.68%. Interactive Brokers Group’s payout ratio is 14.16%.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.