Baillie Gifford & Co. lowered its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,499,239 shares of the company’s stock after selling 101,309 shares during the period. Baillie Gifford & Co. owned approximately 8.09% of Interactive Brokers Group worth $200,777,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its stake in Interactive Brokers Group by 0.4% in the second quarter. Public Employees Retirement System of Ohio now owns 22,198 shares of the company’s stock valued at $786,000 after buying an additional 88 shares in the last quarter. Legal & General Group Plc increased its stake in Interactive Brokers Group by 3.7% in the second quarter. Legal & General Group Plc now owns 4,910 shares of the company’s stock valued at $174,000 after buying an additional 175 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Interactive Brokers Group by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,930 shares of the company’s stock valued at $456,000 after buying an additional 210 shares in the last quarter. Sei Investments Co. increased its stake in Interactive Brokers Group by 2.2% in the third quarter. Sei Investments Co. now owns 21,699 shares of the company’s stock valued at $766,000 after buying an additional 476 shares in the last quarter. Finally, Zacks Investment Management increased its stake in Interactive Brokers Group by 2.4% in the third quarter. Zacks Investment Management now owns 25,102 shares of the company’s stock valued at $885,000 after buying an additional 578 shares in the last quarter. 83.14% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded down 1.05% during midday trading on Thursday, hitting $38.82. The company had a trading volume of 657,455 shares. The stock has a 50 day moving average price of $37.73 and a 200 day moving average price of $36.41. Interactive Brokers Group, Inc. has a 1-year low of $31.97 and a 1-year high of $41.40. The firm has a market capitalization of $2.64 billion, a P/E ratio of 31.06 and a beta of 1.01.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, January 17th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.22. Interactive Brokers Group had a return on equity of 1.46% and a net margin of 5.69%. The firm earned $193 million during the quarter, compared to analysts’ expectations of $365.05 million. During the same quarter in the previous year, the firm earned $0.25 earnings per share. Interactive Brokers Group’s revenue was down 28.8% on a year-over-year basis. On average, equities analysts anticipate that Interactive Brokers Group, Inc. will post $1.50 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 14th. Shareholders of record on Wednesday, March 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Monday, February 27th. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 31.25%.

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Several equities research analysts have issued reports on IBKR shares. Zacks Investment Research upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Monday, November 21st. SunTrust Banks, Inc. restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research report on Wednesday, January 18th. Goldman Sachs Group, Inc. (The) upgraded Interactive Brokers Group from a “sell” rating to a “neutral” rating and increased their target price for the stock from $34.00 to $40.00 in a research report on Tuesday, January 10th. Finally, Keefe, Bruyette & Woods started coverage on Interactive Brokers Group in a research report on Thursday, December 8th. They set an “outperform” rating and a $44.00 target price on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $40.60.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world.

5 Day Chart for NASDAQ:IBKR

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