6,800 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Bought by Caldwell Investment Management Ltd.

Caldwell Investment Management Ltd. purchased a new stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,800 shares of the financial services provider's stock, valued at approximately $1,215,000. Interactive Brokers Group makes up about 0.8% of Caldwell Investment Management Ltd.'s holdings, making the stock its 29th biggest position.

Other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of Interactive Brokers Group by 1.0% in the 2nd quarter. American Century Companies Inc. now owns 95,230 shares of the financial services provider's stock worth $11,675,000 after acquiring an additional 983 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Interactive Brokers Group by 10.1% in the second quarter. Dimensional Fund Advisors LP now owns 301,688 shares of the financial services provider's stock valued at $36,988,000 after buying an additional 27,621 shares in the last quarter. Virtu Financial LLC acquired a new position in Interactive Brokers Group during the 2nd quarter worth about $1,915,000. Mercer Global Advisors Inc. ADV grew its holdings in Interactive Brokers Group by 5.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,327 shares of the financial services provider's stock worth $776,000 after acquiring an additional 323 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Interactive Brokers Group by 2.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,704 shares of the financial services provider's stock worth $1,434,000 after acquiring an additional 326 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on IBKR. Barclays increased their price target on shares of Interactive Brokers Group from $214.00 to $224.00 and gave the company an "overweight" rating in a research note on Monday. Jefferies Financial Group lifted their target price on Interactive Brokers Group from $152.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, October 4th. The Goldman Sachs Group upped 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. Keefe, Bruyette & Woods raised their price target on Interactive Brokers Group from $190.00 to $195.00 and gave the company a "market perform" rating in a report on Monday. Finally, Citigroup boosted their price objective on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $190.13.

Interactive Brokers Group Stock Performance

NASDAQ:IBKR traded up $3.21 during mid-day trading on Wednesday, hitting $185.85. The company had a trading volume of 1,205,868 shares, compared to its average volume of 1,206,400. Interactive Brokers Group, Inc. has a fifty-two week low of $83.86 and a fifty-two week high of $193.42. The firm has a market cap of $78.53 billion, a P/E ratio of 28.37, a P/E/G ratio of 1.41 and a beta of 0.87. The business's fifty day moving average is $182.48 and its two-hundred day moving average is $149.21.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.78 by ($0.03). The firm had revenue of $2.45 billion during the quarter, compared to analyst estimates of $1.32 billion. Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. During the same quarter in the prior year, the business earned $1.55 earnings per share. Equities analysts forecast that Interactive Brokers Group, Inc. will post 6.82 earnings per share for the current year.

Interactive Brokers Group Company 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.