Yousif Capital Management LLC Decreases Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Yousif Capital Management LLC lessened its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 3.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,254 shares of the financial services provider's stock after selling 1,566 shares during the quarter. Yousif Capital Management LLC's holdings in Interactive Brokers Group were worth $6,758,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IBKR. Sumitomo Mitsui Trust Group Inc. bought a new position in Interactive Brokers Group in the 3rd quarter valued at about $83,630,000. Waverton Investment Management Ltd bought a new position in shares of Interactive Brokers Group during the 3rd quarter worth approximately $26,946,000. Allspring Global Investments Holdings LLC lifted its position in shares of Interactive Brokers Group by 262.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 258,353 shares of the financial services provider's stock worth $36,004,000 after buying an additional 187,010 shares in the last quarter. Lord Abbett & CO. LLC bought a new position in shares of Interactive Brokers Group during the 3rd quarter worth approximately $25,085,000. Finally, International Assets Investment Management LLC lifted its position in shares of Interactive Brokers Group by 13,967.5% during the 3rd quarter. International Assets Investment Management LLC now owns 149,115 shares of the financial services provider's stock worth $20,781,000 after buying an additional 148,055 shares in the last quarter. Institutional investors own 23.80% of the company's stock.

Interactive Brokers Group Trading Down 1.3 %

Shares of IBKR traded down $3.04 during mid-day trading on Monday, reaching $228.10. 827,138 shares of the stock traded hands, compared to its average volume of 1,738,434. The firm has a fifty day moving average price of $192.09 and a 200 day moving average price of $160.21. The company has a market cap of $96.38 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 1.62 and a beta of 0.89. Interactive Brokers Group, Inc. has a 1 year low of $97.75 and a 1 year high of $235.29.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the firm posted $1.52 EPS. The firm's revenue was up 21.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Interactive Brokers Group, Inc. will post 7.39 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group's dividend payout ratio is currently 14.16%.

Analysts Set New Price Targets

IBKR has been the subject of several research analyst reports. Piper Sandler restated an "overweight" rating and set a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. UBS Group raised their price target 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. Citigroup raised their price target 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. Barclays raised 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. Finally, The Goldman Sachs Group raised their price target 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. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $204.13.

Insider Transactions at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright purchased 135 shares of the stock in a transaction on Friday, January 31st. The stock was acquired at an average cost of $219.51 per share, with a total value of $29,633.85. Following the completion of the purchase, the director now directly 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 acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.21% 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.