Keybank National Association OH Purchases 800 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Keybank National Association OH increased its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 37.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,931 shares of the financial services provider’s stock after acquiring an additional 800 shares during the period. Keybank National Association OH’s holdings in Interactive Brokers Group were worth $518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its position in Interactive Brokers Group by 0.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,017,082 shares of the financial services provider’s stock worth $559,821,000 after acquiring an additional 11,379 shares during the last quarter. Cantillon Capital Management LLC grew its position in Interactive Brokers Group by 0.5% during the 4th quarter. Cantillon Capital Management LLC now owns 3,395,690 shares of the financial services provider’s stock worth $599,917,000 after acquiring an additional 18,047 shares during the last quarter. State Street Corp grew its position in Interactive Brokers Group by 1.7% during the 3rd quarter. State Street Corp now owns 3,222,135 shares of the financial services provider’s stock worth $449,037,000 after acquiring an additional 52,911 shares during the last quarter. Geode Capital Management LLC grew its position in Interactive Brokers Group by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock worth $287,921,000 after acquiring an additional 106,392 shares during the last quarter. Finally, FMR LLC grew its position in Interactive Brokers Group by 12.2% during the 3rd quarter. FMR LLC now owns 1,094,598 shares of the financial services provider’s stock worth $152,543,000 after acquiring an additional 119,187 shares during the last quarter. Institutional investors own 23.80% of the company’s stock.

Insider Buying and Selling

In other news, Director Jill Bright purchased 135 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were acquired at an average cost of $219.51 per share, with a total value of $29,633.85. Following the purchase, the director now owns 2,476 shares in the company, valued at $543,506.76. This represents a 5.77 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.21% of the stock is owned by company insiders.

Interactive Brokers Group Price Performance

Shares of NASDAQ:IBKR opened at $192.17 on Monday. The company has a market capitalization of $81.20 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of 1.59 and a beta of 0.99. The business’s 50-day moving average is $205.88 and its 200-day moving average is $173.93. 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 data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The firm’s revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.52 EPS. Analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.16%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Barclays lifted their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. UBS Group lifted their target price on Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Piper Sandler reaffirmed an “overweight” rating and set a $210.00 target price (up from $200.00) on shares of Interactive Brokers Group in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods lifted their target price 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. Finally, Citigroup lifted their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $204.13.

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.