20,000 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Bought by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. acquired a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 20,000 shares of the financial services provider's stock, valued at approximately $3,650,000. Interactive Brokers Group makes up 0.8% of Banco BTG Pactual S.A.'s holdings, making the stock its 29th largest holding.

Several other institutional investors have also modified their holdings of IBKR. Contravisory Investment Management Inc. bought a new stake in Interactive Brokers Group during the fourth quarter worth approximately $25,000. SRH Advisors LLC bought a new stake in shares of Interactive Brokers Group during the 4th quarter worth $28,000. Versant Capital Management Inc grew its holdings in shares of Interactive Brokers Group by 66.4% in the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Blue Trust Inc. raised its position in shares of Interactive Brokers Group by 90.7% during the fourth quarter. Blue Trust Inc. now owns 185 shares of the financial services provider's stock worth $33,000 after purchasing an additional 88 shares during the period. Finally, Rialto Wealth Management LLC acquired a new stake in shares of Interactive Brokers Group during the fourth quarter worth $33,000. Institutional investors and hedge funds own 23.80% of the company's stock.

Insider Activity at Interactive Brokers Group

In related news, Director Jill Bright bought 135 shares of the company's stock in a transaction that occurred on Friday, January 31st. The shares were acquired at an average price of $219.51 per share, with a total value of $29,633.85. Following the completion of the transaction, the director now owns 2,476 shares of the company's stock, valued at $543,506.76. The trade was a 5.77 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.99% of the stock is currently owned by company insiders.

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Interactive Brokers Group Stock Down 2.5 %

IBKR stock traded down $4.28 during trading hours on Friday, hitting $164.72. The company's stock had a trading volume of 2,372,708 shares, compared to its average volume of 1,235,632. The company has a market capitalization of $69.61 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99. Interactive Brokers Group, Inc. has a 12 month low of $103.69 and a 12 month high of $236.53. The stock has a 50 day moving average price of $201.93 and a two-hundred day moving average price of $178.45.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, beating analysts' consensus estimates of $1.81 by $0.22. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The firm's revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.52 EPS. Sell-side analysts expect 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 issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend was Friday, February 28th. Interactive Brokers Group's dividend payout ratio is currently 14.16%.

Wall Street Analyst Weigh In

IBKR has been the topic of a number of analyst reports. Citigroup lifted their price target 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. Keefe, Bruyette & Woods upped their price target on Interactive Brokers Group from $190.00 to $195.00 and gave the company a "market perform" rating in a research report on Monday, January 13th. UBS Group raised their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. StockNews.com upgraded Interactive Brokers Group from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, Barclays increased their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $204.13.

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.