Baader Bank Aktiengesellschaft Sells 1,485 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Baader Bank Aktiengesellschaft trimmed its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 49.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,500 shares of the financial services provider's stock after selling 1,485 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in Interactive Brokers Group were worth $265,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Donoghue Forlines LLC bought a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $2,088,000. Aurora Investment Counsel bought a new stake in Interactive Brokers Group in the 3rd quarter valued at $1,693,000. Union Bancaire Privee UBP SA acquired a new stake in Interactive Brokers Group during the 4th quarter valued at $3,750,000. Friedenthal Financial bought a new position in Interactive Brokers Group during the fourth quarter worth $775,000. Finally, Versor Investments LP acquired a new position in shares of Interactive Brokers Group in the third quarter valued at $474,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Stock Performance

NASDAQ:IBKR opened at $219.17 on Friday. The company has a market cap of $92.60 billion, a price-to-earnings ratio of 31.04, a PEG ratio of 1.49 and a beta of 0.87. Interactive Brokers Group, Inc. has a fifty-two week low of $88.22 and a fifty-two week high of $221.09. The stock has a fifty day moving average price of $187.97 and a 200-day moving average price of $155.34.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The business's revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.52 earnings per share. Research analysts predict that Interactive Brokers Group, Inc. will post 7.39 EPS 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. Shareholders of record on Friday, February 28th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group's dividend payout ratio is presently 14.16%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on IBKR. Piper Sandler restated an "overweight" rating and set a $210.00 target price (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. UBS Group boosted their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the stock a "buy" rating in a report on Monday. Citigroup increased their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. The Goldman Sachs Group boosted their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Finally, Jefferies Financial Group increased their price objective on Interactive Brokers Group from $152.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, October 4th. 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 a consensus rating of "Moderate Buy" and a consensus target price 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.

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