FourThought Monetary LLC grew its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR – Get Ranking) by 20.7% through the third quarter, in line with the corporate in its most up-to-date submitting with the Securities & Change Fee. The institutional investor owned 8,078 shares of the monetary companies supplier’s inventory after buying a further 1,387 shares through the interval. FourThought Monetary LLC’s holdings in Interactive Brokers Group had been price $516,000 on the finish of the newest quarter.
A lot of different institutional traders and hedge funds have additionally just lately made adjustments to their positions in IBKR. Wipfli Monetary Advisors LLC purchased a brand new stake in shares of Interactive Brokers Group through the third quarter price roughly $28,000. Eagle Bay Advisors LLC purchased a brand new stake in shares of Interactive Brokers Group through the 2nd quarter price roughly $31,000. Fifth Third Bancorp lifted its holdings in shares of Interactive Brokers Group by 40.2% through the third quarter. Fifth Third Bancorp now owns 509 shares of the monetary companies supplier’s inventory price $33,000 after buying a further 146 shares through the interval. Quadrant Capital Group LLC lifted its holdings in shares of Interactive Brokers Group by 180.4% through the 2nd quarter. Quadrant Capital Group LLC now owns 743 shares of the monetary companies supplier’s inventory price $41,000 after buying a further 478 shares through the interval. Lastly, CWM LLC lifted its holdings in shares of Interactive Brokers Group by 20.5% through the third quarter. CWM LLC now owns 787 shares of the monetary companies supplier’s inventory price $50,000 after buying a further 134 shares through the interval. Institutional traders and hedge funds personal 97.84% of the corporate’s inventory.
Interactive Brokers Group Inventory Efficiency
Shares of NASDAQ IBKR opened at $77.90 on Friday. Interactive Brokers Group, Inc. has a 52-week low of $52.18 and a 52-week excessive of $90.19. The agency has a 50 day transferring common value of $82.25 and a two-hundred day transferring common value of $75.70. The inventory has a market cap of $32.68 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 0.53 and a beta of 0.79.
Interactive Brokers Group (NASDAQ:IBKR – Get Ranking) final introduced its quarterly earnings outcomes on Tuesday, January seventeenth. The monetary companies supplier reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.14. Interactive Brokers Group had a web margin of 9.30% and a return on fairness of three.77%. The agency had income of $976.00 million through the quarter, in comparison with analysts’ expectations of $926.75 million. Analysts predict that Interactive Brokers Group, Inc. will publish 5.53 earnings per share for the present fiscal yr.
Interactive Brokers Group Dividend Announcement
The corporate additionally just lately disclosed a quarterly dividend, which was paid on Tuesday, March 14th. Stockholders of file on Wednesday, March 1st got a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.51%. The ex-dividend date was Tuesday, February twenty eighth. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 10.70%.
Analysts Set New Value Targets
IBKR has been the topic of a number of analysis experiences. StockNews.com initiated protection on shares of Interactive Brokers Group in a analysis notice on Thursday. They issued a “maintain” score for the corporate. Barclays elevated their value goal on shares of Interactive Brokers Group from $90.00 to $96.00 and gave the corporate an “obese” score in a analysis notice on Wednesday, January 18th. Lastly, Jefferies Monetary Group elevated their value goal on shares of Interactive Brokers Group from $91.00 to $104.00 and gave the corporate a “purchase” score in a analysis notice on Tuesday, March seventh. One equities analysis analyst has rated the inventory with a maintain score and 5 have assigned a purchase score to the inventory. Primarily based on information from MarketBeat.com, Interactive Brokers Group presently has a median score of “Average Purchase” and a median goal value of $96.17.
Insider Transactions at Interactive Brokers Group
In different information, Chairman Thomas Peterffy offered 20,000 shares of the inventory in a transaction on Wednesday, January eleventh. The shares had been offered at a median value of $75.71, for a complete transaction of $1,514,200.00. Following the completion of the sale, the chairman now straight owns 1,836,105 shares within the firm, valued at $139,011,509.55. The transaction was disclosed in a submitting with the SEC, which is out there at this hyperlink. Insiders offered a complete of 160,000 shares of firm inventory price $12,393,800 during the last three months. 5.72% of the inventory is owned by firm insiders.
Interactive Brokers Group Firm Profile
Interactive Brokers Group, Inc operates as an funding holding firm, which engages in dealer or seller and proprietary buying and selling companies. It operates by the next segments: Digital Brokerage and Company. The Digital Brokerage section is a direct market entry dealer, which serves the purchasers of each conventional brokers and prime brokers.
Additional Studying
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