Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Bought by Blue Trust Inc.

Blue Trust Inc. raised its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 90.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 185 shares of the financial services provider’s stock after buying an additional 88 shares during the period. Blue Trust Inc.’s holdings in Interactive Brokers Group were worth $33,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Donoghue Forlines LLC purchased a new position in shares of Interactive Brokers Group in the 4th quarter valued at about $2,088,000. Aurora Investment Counsel acquired a new stake in shares of Interactive Brokers Group in the 3rd quarter worth $1,693,000. Union Bancaire Privee UBP SA acquired a new position in Interactive Brokers Group during the 4th quarter worth about $3,750,000. New Millennium Group LLC purchased a new position in Interactive Brokers Group during the 4th quarter valued at about $2,319,000. Finally, Friedenthal Financial acquired a new position in Interactive Brokers Group in the 4th quarter valued at about $775,000. Institutional investors and hedge funds own 23.80% of the company’s stock.

Interactive Brokers Group Trading Down 1.5 %

Shares of IBKR opened at $203.50 on Friday. The firm has a market capitalization of $85.98 billion, a price-to-earnings ratio of 28.82, a PEG ratio of 1.59 and a beta of 0.89. The firm’s fifty day simple moving average is $203.77 and its 200-day simple moving average is $169.99. Interactive Brokers Group, Inc. has a twelve month low of $103.69 and a twelve month high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share 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 analysts’ expectations of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. Interactive Brokers Group’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period last year, the firm earned $1.52 earnings per share. On average, analysts predict that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s payout ratio is 14.16%.

Insider Activity at Interactive Brokers Group

In related news, Director Jill Bright bought 135 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average cost of $219.51 per share, with a total value of $29,633.85. Following the transaction, the director now directly owns 2,476 shares of the company’s stock, valued at approximately $543,506.76. This represents a 5.77 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Citigroup increased their price target on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. UBS Group increased their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Barclays boosted their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $210.00 price objective (up previously from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group lifted their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. One investment 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 currently has an average rating of “Moderate Buy” and a consensus price target 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.