Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock Position Increased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 12.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,203 shares of the financial services provider's stock after buying an additional 2,369 shares during the quarter. Natixis Advisors LLC's holdings in Interactive Brokers Group were worth $3,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBKR. Raymond James Financial Inc. purchased a new position in Interactive Brokers Group in the fourth quarter valued at about $120,046,000. Lord Abbett & CO. LLC acquired a new position in shares of Interactive Brokers Group in the 3rd quarter valued at approximately $25,085,000. Bamco Inc. NY raised its position in shares of Interactive Brokers Group by 16.3% in the 3rd quarter. Bamco Inc. NY now owns 912,608 shares of the financial services provider's stock valued at $127,181,000 after purchasing an additional 127,640 shares in the last quarter. Progeny 3 Inc. purchased a new position in shares of Interactive Brokers Group during the 3rd quarter valued at approximately $17,699,000. Finally, Amundi grew its position in shares of Interactive Brokers Group by 748.1% during the fourth quarter. Amundi now owns 141,097 shares of the financial services provider's stock worth $26,934,000 after buying an additional 124,461 shares in the last quarter. 23.80% of the stock is owned by hedge funds and other institutional investors.

Interactive Brokers Group Stock Performance

Shares of IBKR traded down $5.46 during midday trading on Wednesday, hitting $173.94. 2,051,799 shares of the stock traded hands, compared to its average volume of 1,186,369. The business's 50 day moving average price is $203.06 and its two-hundred day moving average price is $177.87. The firm has a market capitalization of $73.50 billion, a PE 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 1-year low of $103.69 and a 1-year high of $236.53.

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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, beating the consensus estimate of $1.81 by $0.22. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. Interactive Brokers Group's revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.52 earnings per share. As a group, equities research analysts forecast that Interactive Brokers Group, Inc. will post 7.46 EPS for the current fiscal year.

Interactive Brokers Group Dividend Announcement

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

Analysts Set New Price Targets

IBKR has been the topic of a number of research analyst reports. 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 note on Monday, January 13th. UBS Group lifted their price target on 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 increased their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. The Goldman Sachs Group boosted their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the company a "buy" rating in a report on Tuesday, December 3rd. Finally, Piper Sandler restated an "overweight" rating and set a $210.00 price objective (up from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $204.13.

Insider Activity

In related news, Director Jill Bright bought 135 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the transaction, the director now directly owns 2,476 shares of the company's stock, valued at approximately $543,506.76. This represents a 5.77 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.99% of the company's stock.

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.