5,290 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC bought a new position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the 4th quarter, HoldingsChannel.com reports. The firm bought 5,290 shares of the financial services provider’s stock, valued at approximately $935,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Donoghue Forlines LLC purchased a new stake in Interactive Brokers Group during the fourth quarter worth approximately $2,088,000. Aurora Investment Counsel purchased a new stake in Interactive Brokers Group in the third quarter valued at approximately $1,693,000. Union Bancaire Privee UBP SA purchased a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $3,750,000. Friedenthal Financial purchased a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $775,000. Finally, New Millennium Group LLC purchased a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $2,319,000. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Trading Up 0.5 %

NASDAQ:IBKR opened at $171.14 on Thursday. The stock’s 50 day simple moving average is $205.41 and its 200-day simple moving average is $174.54. Interactive Brokers Group, Inc. has a 12-month low of $103.69 and a 12-month high of $236.53. The firm has a market cap of $72.32 billion, a P/E ratio of 24.24, a PEG ratio of 1.59 and a beta of 0.99.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm 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 posted $1.52 earnings per share. Interactive Brokers Group’s quarterly revenue was up 21.8% on a year-over-year basis. Research analysts forecast that Interactive Brokers Group, Inc. will post 7.46 EPS for the current fiscal year.

Interactive Brokers Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is presently 14.16%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Piper Sandler reiterated an “overweight” rating and issued a $210.00 price objective (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Citigroup boosted their price objective on Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 10th. UBS Group boosted their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Keefe, Bruyette & Woods boosted their price objective on Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research note on Monday, January 13th. Finally, Barclays boosted their price objective on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Interactive Brokers Group currently has an average rating of “Moderate Buy” and a consensus price target of $204.13.

Insider Buying and Selling

In other news, Director Jill Bright bought 135 shares of the stock in a transaction on Friday, January 31st. The shares were bought at an average price of $219.51 per share, with a total value of $29,633.85. Following the completion of the acquisition, the director now owns 2,476 shares of the company’s stock, valued at approximately $543,506.76. This trade represents a 5.77 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.99% of the stock is currently owned by corporate insiders.

Interactive Brokers Group 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.