22,694 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 22,694 shares of the financial services provider’s stock, valued at approximately $3,750,000.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Interactive Brokers Group by 10.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 301,688 shares of the financial services provider’s stock valued at $36,988,000 after acquiring an additional 27,621 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of Interactive Brokers Group during the second quarter worth about $250,000. Dark Forest Capital Management LP purchased a new stake in shares of Interactive Brokers Group in the second quarter worth about $273,000. SkyView Investment Advisors LLC grew its stake in shares of Interactive Brokers Group by 6.1% in the second quarter. SkyView Investment Advisors LLC now owns 36,511 shares of the financial services provider’s stock valued at $4,476,000 after buying an additional 2,097 shares in the last quarter. Finally, Nemes Rush Group LLC raised its holdings in shares of Interactive Brokers Group by 181.8% during the 2nd quarter. Nemes Rush Group LLC now owns 1,037 shares of the financial services provider’s stock valued at $127,000 after buying an additional 669 shares during the period. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

Interactive Brokers Group Stock Up 5.0 %

NASDAQ:IBKR opened at $218.99 on Monday. The company has a market cap of $92.53 billion, a PE ratio of 31.02, a P/E/G ratio of 1.49 and a beta of 0.87. The business’s 50 day moving average is $186.09 and its two-hundred day moving average is $153.30. Interactive Brokers Group, Inc. has a 52 week low of $88.22 and a 52 week high of $220.66.

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 (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 firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1,372,590.34 billion. During the same period last year, the business posted $1.52 earnings per share. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. As a group, sell-side analysts expect that Interactive Brokers Group, Inc. will post 7.39 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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is presently 14.16%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on IBKR. The Goldman Sachs Group upped their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. UBS Group raised their price target on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Barclays upped their price objective on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Citigroup lifted their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, Keefe, Bruyette & Woods increased their price target on Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a report on Monday, January 13th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $192.25.

About Interactive Brokers Group

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.