Free Trial

Nordea Investment Management AB Decreases Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Interactive Brokers Group logo with Finance background

Nordea Investment Management AB trimmed its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 26.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,592 shares of the financial services provider's stock after selling 5,837 shares during the period. Nordea Investment Management AB's holdings in Interactive Brokers Group were worth $2,937,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IBKR. Versant Capital Management Inc increased its stake in Interactive Brokers Group by 66.4% in the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Fairfield Financial Advisors LTD bought a new stake in Interactive Brokers Group in the 2nd quarter worth approximately $32,000. UMB Bank n.a. increased its stake in Interactive Brokers Group by 350.0% in the 3rd quarter. UMB Bank n.a. now owns 288 shares of the financial services provider's stock worth $40,000 after acquiring an additional 224 shares during the last quarter. Smithfield Trust Co increased its stake in Interactive Brokers Group by 80.6% in the 3rd quarter. Smithfield Trust Co now owns 345 shares of the financial services provider's stock worth $48,000 after acquiring an additional 154 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in Interactive Brokers Group in the 3rd quarter worth approximately $49,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

IBKR has been the topic of a number of research reports. The Goldman Sachs Group lifted their price objective on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd. Jefferies Financial Group boosted their target price on Interactive Brokers Group from $152.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, October 4th. Piper Sandler boosted their target price on Interactive Brokers Group from $163.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday, January 7th. Barclays boosted their target price on Interactive Brokers Group from $165.00 to $214.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. Finally, Citigroup boosted their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the company a "buy" rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $188.25.

Check Out Our Latest Stock Analysis on Interactive Brokers Group

Interactive Brokers Group Stock Performance

Interactive Brokers Group stock traded down $5.68 during mid-day trading on Friday, hitting $185.21. The company's stock had a trading volume of 1,322,455 shares, compared to its average volume of 1,240,376. The company has a 50 day moving average of $181.34 and a 200-day moving average of $148.36. The stock has a market cap of $78.26 billion, a PE ratio of 28.28, a P/E/G ratio of 1.41 and a beta of 0.87. Interactive Brokers Group, Inc. has a one year low of $83.86 and a one year high of $193.42.

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

Interactive Brokers Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Friday, November 29th. Interactive Brokers Group's dividend payout ratio is 15.27%.

Interactive Brokers Group Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

Should You Invest $1,000 in Interactive Brokers Group Right Now?

Before you consider Interactive Brokers Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Interactive Brokers Group wasn't on the list.

While Interactive Brokers Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why the Latest Jobs Data Has Wall Street Nervous
7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025
3 Stocks Insiders Are Selling, But Analysts Still Love

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines