AXQ Capital LP Has $1.45 Million Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

AXQ Capital LP boosted its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 198.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,190 shares of the financial services provider's stock after buying an additional 5,444 shares during the quarter. Interactive Brokers Group makes up about 0.7% of AXQ Capital LP's investment portfolio, making the stock its 20th biggest holding. AXQ Capital LP's holdings in Interactive Brokers Group were worth $1,447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Contravisory Investment Management Inc. acquired a new stake in shares of Interactive Brokers Group during the fourth quarter worth $25,000. SRH Advisors LLC acquired a new position in Interactive Brokers Group in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc grew its holdings 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 valued at $31,000 after purchasing an additional 71 shares during the last quarter. Blue Trust Inc. raised its position in shares of 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 purchasing an additional 88 shares during the period. Finally, Rialto Wealth Management LLC bought a new position in Interactive Brokers Group during the 4th quarter worth $33,000. Institutional investors and hedge funds own 23.80% of the company's stock.

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Interactive Brokers Group Price Performance

NASDAQ IBKR traded down $5.46 on Wednesday, hitting $173.94. 2,052,203 shares of the company were exchanged, compared to its average volume of 1,189,042. The company's 50 day moving average price is $202.82 and its 200-day moving average price is $177.84. The firm has a market capitalization of $73.50 billion, a P/E ratio of 24.64, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99. Interactive Brokers Group, Inc. has a twelve month low of $103.69 and a twelve month high of $236.53.

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 for the quarter, topping the consensus estimate of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the company posted $1.52 EPS. As a group, equities analysts expect that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on IBKR shares. UBS Group boosted their price target on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a "buy" rating in a report on Monday, January 27th. Citigroup boosted their price objective on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Barclays lifted their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group increased their price target 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. Finally, StockNews.com upgraded shares of Interactive Brokers Group from a "sell" rating to a "hold" rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $204.13.

Insider Buying and Selling at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright purchased 135 shares of the company's stock in a transaction dated Friday, January 31st. The shares were bought at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the purchase, the director now directly 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 legal filing with the SEC, which can be accessed through this link. Company insiders own 2.99% of the company's stock.

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.