US Bancorp DE boosted its holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 49,925 shares of the financial services provider’s stock after purchasing an additional 2,694 shares during the quarter. US Bancorp DE’s holdings in Interactive Brokers Group were worth $2,957,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. The Manufacturers Life Insurance Company increased its holdings in Interactive Brokers Group by 27.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after purchasing an additional 647 shares in the last quarter. FNY Partners Fund LP bought a new stake in Interactive Brokers Group in the fourth quarter worth approximately $177,000. Advisor Partners LLC bought a new stake in Interactive Brokers Group in the fourth quarter worth approximately $206,000. Creative Planning bought a new stake in Interactive Brokers Group in the fourth quarter worth approximately $206,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Interactive Brokers Group by 48.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,557 shares of the financial services provider’s stock worth $211,000 after purchasing an additional 1,163 shares in the last quarter. Institutional investors and hedge funds own 15.74% of the company’s stock.

A number of equities research analysts have weighed in on IBKR shares. SunTrust Banks lifted their target price on Interactive Brokers Group to $48.00 and gave the stock an “average” rating in a report on Wednesday, October 18th. BidaskClub downgraded Interactive Brokers Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 16th. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Goldman Sachs Group downgraded Interactive Brokers Group from a “neutral” rating to a “sell” rating and set a $59.00 target price for the company. in a report on Monday, January 8th. Finally, Sandler O’Neill reiterated a “buy” rating on shares of Interactive Brokers Group in a report on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $50.33.

In other news, Vice Chairman Earl H. Nemser sold 32,000 shares of the business’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $62.80, for a total transaction of $2,009,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.41% of the company’s stock.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at $66.63 on Thursday. The company has a market capitalization of $27,430.00, a P/E ratio of 29.61, a PEG ratio of 3.07 and a beta of 1.05. Interactive Brokers Group, Inc. has a 1-year low of $33.01 and a 1-year high of $67.42.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.07. The firm had revenue of $515.00 million during the quarter, compared to the consensus estimate of $398.05 million. Interactive Brokers Group had a return on equity of 1.74% and a net margin of 3.94%. The company’s quarterly revenue was up 166.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.07 earnings per share. equities analysts forecast that Interactive Brokers Group, Inc. will post 2.08 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 14th. Stockholders of record on Thursday, March 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.60%. Interactive Brokers Group’s dividend payout ratio is 17.78%.

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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 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.

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

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