Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Sold by Hengistbury Investment Partners LLP

Hengistbury Investment Partners LLP lowered its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 22.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 245,917 shares of the financial services provider's stock after selling 72,179 shares during the quarter. Interactive Brokers Group comprises approximately 31.7% of Hengistbury Investment Partners LLP's investment portfolio, making the stock its 2nd biggest holding. Hengistbury Investment Partners LLP owned 0.06% of Interactive Brokers Group worth $43,446,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IBKR. KG&L Capital Management LLC raised its position in 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 buying an additional 60 shares during the last quarter. Townsquare Capital LLC grew its stake in shares of Interactive Brokers Group by 1.2% during the 3rd quarter. Townsquare Capital LLC now owns 5,456 shares of the financial services provider's stock worth $760,000 after acquiring an additional 67 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Interactive Brokers Group by 0.3% in the third quarter. TD Private Client Wealth LLC now owns 19,797 shares of the financial services provider's stock valued at $2,759,000 after purchasing an additional 69 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Interactive Brokers Group by 66.4% in the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Finally, Lebenthal Global Advisors LLC lifted its position in shares of Interactive Brokers Group by 1.1% in the fourth quarter. Lebenthal Global Advisors LLC now owns 7,187 shares of the financial services provider's stock worth $1,270,000 after purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company's stock.

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Insider Activity

In other Interactive Brokers Group news, Director Jill Bright purchased 135 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The shares were acquired 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 of the company's stock, valued at approximately $543,506.76. The trade was a 5.77 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.99% of the stock is owned by company insiders.

Interactive Brokers Group Stock Down 8.4 %

Shares of IBKR stock traded down $13.40 during trading on Friday, reaching $146.08. 2,976,311 shares of the company's stock were exchanged, compared to its average volume of 1,258,463. Interactive Brokers Group, Inc. has a twelve month low of $103.69 and a twelve month high of $236.53. The firm's fifty day moving average price is $197.90 and its 200-day moving average price is $179.74. The stock has a market capitalization of $61.73 billion, a PE ratio of 20.69, a PEG ratio of 1.59 and a beta of 1.02.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, beating the consensus estimate 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 company's quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 earnings per share. As a group, analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 EPS for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Friday, February 28th. Interactive Brokers Group's dividend payout ratio is presently 14.16%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays lifted their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. StockNews.com lowered Interactive Brokers Group from a "hold" rating to a "sell" rating in a report on Wednesday. Piper Sandler restated an "overweight" rating and issued a $210.00 price target (up from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their price target 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. Finally, UBS Group increased their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the company a "buy" rating in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $203.50.

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.