Impact Capital Partners LLC Takes $935,000 Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Impact Capital Partners LLC acquired a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,290 shares of the financial services provider's stock, valued at approximately $935,000.

Several other large investors have also recently made changes to their positions in IBKR. Contravisory Investment Management Inc. purchased a new stake in Interactive Brokers Group during the 4th quarter worth approximately $25,000. SRH Advisors LLC purchased a new stake in Interactive Brokers Group during the 4th quarter worth approximately $28,000. Versant Capital Management Inc increased its stake in Interactive Brokers Group by 66.4% during the 4th 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. Blue Trust Inc. increased its stake in Interactive Brokers Group by 90.7% during the 4th quarter. Blue Trust Inc. now owns 185 shares of the financial services provider's stock worth $33,000 after buying an additional 88 shares during the period. Finally, Rialto Wealth Management LLC purchased a new stake in Interactive Brokers Group during the 4th quarter worth approximately $33,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IBKR has been the topic of several recent research reports. Barclays upped their target price 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. Citigroup upped their target price on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. 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. UBS Group upped their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of 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. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Interactive Brokers Group currently has an average rating of "Moderate Buy" and an average price target of $204.13.

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Interactive Brokers Group Trading Up 3.7 %

NASDAQ:IBKR traded up $6.29 during midday trading on Monday, hitting $174.40. 1,867,527 shares of the company were exchanged, compared to its average volume of 1,147,364. The company has a fifty day simple moving average of $204.67 and a 200 day simple moving average of $175.42. Interactive Brokers Group, Inc. has a fifty-two week low of $103.69 and a fifty-two week high of $236.53. The company has a market capitalization of $73.70 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99.

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, equities research analysts expect that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend was Friday, February 28th. Interactive Brokers Group's payout ratio is currently 14.16%.

Insiders Place Their Bets

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

Interactive Brokers Group 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.