BB&T Securities LLC lifted its holdings in Interactive Brokers Group, Inc. (IEX:IBKR) by 5.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 9,864 shares of the financial services provider’s stock after purchasing an additional 507 shares during the period. BB&T Securities LLC’s holdings in Interactive Brokers Group were worth $533,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IBKR. Baillie Gifford & Co. raised its stake in Interactive Brokers Group by 7.6% during the second quarter. Baillie Gifford & Co. now owns 7,403,934 shares of the financial services provider’s stock worth $403,589,000 after purchasing an additional 520,923 shares during the period. Bares Capital Management Inc. raised its stake in Interactive Brokers Group by 0.8% during the second quarter. Bares Capital Management Inc. now owns 7,243,924 shares of the financial services provider’s stock worth $392,621,000 after purchasing an additional 59,355 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Interactive Brokers Group by 10.7% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,016,504 shares of the financial services provider’s stock worth $55,095,000 after purchasing an additional 98,653 shares during the period. Nikko Asset Management Americas Inc. raised its stake in Interactive Brokers Group by 10.7% during the second quarter. Nikko Asset Management Americas Inc. now owns 1,016,504 shares of the financial services provider’s stock worth $55,095,000 after purchasing an additional 98,653 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Interactive Brokers Group by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 759,083 shares of the financial services provider’s stock worth $41,142,000 after purchasing an additional 34,843 shares during the period. 14.79% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have commented on IBKR. Zacks Investment Research raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating and set a $56.00 target price on the stock in a research note on Tuesday, September 17th. Compass Point raised shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Wednesday, October 2nd.

Interactive Brokers Group stock opened at $46.27 on Wednesday. The company’s 50 day simple moving average is $47.65 and its 200-day simple moving average is $60.32. Interactive Brokers Group, Inc. has a 1 year low of $47.13 and a 1 year high of $80.32.

Interactive Brokers Group (IEX:IBKR) last released its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). The firm had revenue of $466.00 million for the quarter, compared to analyst estimates of $483.00 million.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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

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