Fox Run Management L.L.C. Lowers Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Fox Run Management L.L.C. reduced its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 42.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,200 shares of the financial services provider's stock after selling 3,129 shares during the period. Fox Run Management L.L.C.'s holdings in Interactive Brokers Group were worth $742,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IBKR. KG&L Capital Management LLC raised its stake in shares of Interactive Brokers Group by 2.5% in the 4th quarter. KG&L Capital Management LLC now owns 2,425 shares of the financial services provider's stock valued at $428,000 after acquiring an additional 60 shares during the period. Townsquare Capital LLC raised its position in Interactive Brokers Group by 1.2% in the third quarter. Townsquare Capital LLC now owns 5,456 shares of the financial services provider's stock valued at $760,000 after purchasing an additional 67 shares during the period. TD Private Client Wealth LLC lifted its stake in Interactive Brokers Group by 0.3% during the third quarter. TD Private Client Wealth LLC now owns 19,797 shares of the financial services provider's stock worth $2,759,000 after purchasing an additional 69 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock worth $31,000 after buying an additional 71 shares during the period. Finally, Lebenthal Global Advisors LLC boosted its position in shares of Interactive Brokers Group by 1.1% during the fourth quarter. Lebenthal Global Advisors LLC now owns 7,187 shares of the financial services provider's stock worth $1,270,000 after buying an additional 78 shares during the period. Institutional investors and hedge funds own 23.80% of the company's stock.

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Interactive Brokers Group Price Performance

Shares of Interactive Brokers Group stock traded down $4.28 during trading on Friday, hitting $164.72. 2,372,708 shares of the stock were exchanged, compared to its average volume of 1,235,632. The stock has a market cap of $69.61 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99. The firm's 50-day moving average price is $201.93 and its 200 day moving average price is $178.06. Interactive Brokers Group, Inc. has a 12-month low of $103.69 and a 12-month high of $236.53.

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

Interactive Brokers Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $0.25 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.61%. Interactive Brokers Group's dividend payout ratio (DPR) is presently 14.16%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on IBKR shares. StockNews.com raised Interactive Brokers Group from a "sell" rating to a "hold" rating in a research note on Tuesday. Piper Sandler reissued an "overweight" rating and issued a $210.00 price objective (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. The Goldman Sachs Group upped their target price on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd. Keefe, Bruyette & Woods increased their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a "market perform" rating in a report on Monday, January 13th. Finally, Barclays boosted 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 note on Wednesday, January 22nd. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, Interactive Brokers Group presently has an average rating of "Moderate Buy" and a consensus target price of $204.13.

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.