1,188 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Bought by First Affirmative Financial Network

First Affirmative Financial Network bought a new position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,188 shares of the financial services provider's stock, valued at approximately $210,000.

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

Analysts Set New Price Targets

IBKR has been the topic of several analyst reports. UBS Group lifted their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a "buy" rating in a report on Monday, January 27th. The Goldman Sachs Group boosted their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Citigroup raised their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the company a "buy" rating in a report on Friday, January 10th. Barclays lifted 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. Finally, Keefe, Bruyette & Woods increased their price objective on Interactive Brokers Group from $190.00 to $195.00 and gave the stock a "market perform" rating in a research report on Monday, January 13th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $204.13.

Interactive Brokers Group Price Performance

Shares of NASDAQ IBKR traded down $1.73 on Friday, hitting $217.44. The company's stock had a trading volume of 1,806,590 shares, compared to its average volume of 1,472,497. The stock has a 50 day moving average of $188.49 and a 200-day moving average of $156.44. Interactive Brokers Group, Inc. has a 12-month low of $88.22 and a 12-month high of $221.09. The company has a market capitalization of $91.87 billion, a price-to-earnings ratio of 30.80, a price-to-earnings-growth ratio of 1.50 and a beta of 0.87.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its earnings results 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. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The firm had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the prior year, the firm earned $1.52 EPS. Interactive Brokers Group's quarterly revenue was up 21.8% on a year-over-year basis. Sell-side analysts expect that Interactive Brokers Group, Inc. will post 7.39 EPS for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.46%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group's payout ratio is 14.16%.

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.