Aviso Financial Inc. Sells 2,112 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Aviso Financial Inc. decreased its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 20.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,313 shares of the financial services provider's stock after selling 2,112 shares during the period. Aviso Financial Inc.'s holdings in Interactive Brokers Group were worth $1,469,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Atala Financial Inc bought a new stake in Interactive Brokers Group during the fourth quarter worth about $62,000. Commonwealth Equity Services LLC raised its position in Interactive Brokers Group by 6.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,008 shares of the financial services provider's stock worth $3,005,000 after acquiring an additional 990 shares in the last quarter. Impact Capital Partners LLC bought a new stake in Interactive Brokers Group during the fourth quarter worth $935,000. Swiss National Bank raised its position in Interactive Brokers Group by 8.4% during the fourth quarter. Swiss National Bank now owns 215,400 shares of the financial services provider's stock worth $38,055,000 after acquiring an additional 16,700 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Interactive Brokers Group by 27.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,034 shares of the financial services provider's stock worth $183,000 after acquiring an additional 224 shares in the last quarter. Institutional investors own 23.80% of the company's stock.

Wall Street Analyst Weigh In

IBKR has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a "market perform" rating in a report on Monday, January 13th. Barclays increased their price target on Interactive Brokers Group from $224.00 to $231.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. StockNews.com cut shares of Interactive Brokers Group from a "hold" rating to a "sell" rating in a research report on Monday. UBS Group raised their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Finally, Citigroup lifted their target price on shares of 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 sell rating, one has issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $204.13.

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Interactive Brokers Group Price Performance

Interactive Brokers Group stock traded down $1.71 during mid-day trading on Tuesday, reaching $172.69. 1,550,348 shares of the company were exchanged, compared to its average volume of 1,156,324. The company has a fifty day simple moving average of $204.36 and a 200-day simple moving average of $175.76. Interactive Brokers Group, Inc. has a 12 month low of $103.69 and a 12 month high of $236.53. The firm has a market cap of $72.97 billion, a PE ratio of 24.46, a PEG ratio of 1.59 and a beta of 0.99.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, topping analysts' consensus estimates of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter last year, the business earned $1.52 earnings per share. Interactive Brokers Group's revenue was up 21.8% on a year-over-year basis. Sell-side analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.58%. Interactive Brokers Group's dividend payout ratio (DPR) is 14.16%.

Insider Activity at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright purchased 135 shares of the firm's stock in a transaction dated Friday, January 31st. The shares were bought at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the purchase, the director now owns 2,476 shares in the company, valued at approximately $543,506.76. This trade represents a 5.77 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.99% of the stock is currently owned by insiders.

About Interactive Brokers Group

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.