Interactive Brokers Group, Inc. (NASDAQ:IBKR) Holdings Raised by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 50.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 90,290 shares of the financial services provider's stock after purchasing an additional 30,290 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Interactive Brokers Group were worth $15,952,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sumitomo Life Insurance Co. boosted its stake in Interactive Brokers Group by 174.8% in the fourth quarter. Sumitomo Life Insurance Co. now owns 15,272 shares of the financial services provider's stock valued at $2,698,000 after acquiring an additional 9,715 shares during the period. R Squared Ltd bought a new stake in shares of Interactive Brokers Group in the 4th quarter worth approximately $161,000. SteelPeak Wealth LLC boosted its position in Interactive Brokers Group by 11.3% during the 4th quarter. SteelPeak Wealth LLC now owns 4,101 shares of the financial services provider's stock valued at $725,000 after purchasing an additional 418 shares during the period. Lebenthal Global Advisors LLC boosted its position in Interactive Brokers Group by 1.1% during the 4th quarter. Lebenthal Global Advisors LLC now owns 7,187 shares of the financial services provider's stock valued at $1,270,000 after purchasing an additional 78 shares during the period. Finally, Pacer Advisors Inc. grew its stake in Interactive Brokers Group by 10.5% during the 4th quarter. Pacer Advisors Inc. now owns 28,995 shares of the financial services provider's stock worth $5,123,000 after buying an additional 2,752 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

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. Keefe, Bruyette & Woods raised their price target 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. Barclays boosted their price objective on Interactive Brokers Group from $224.00 to $231.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Citigroup raised 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, January 10th. Finally, The Goldman Sachs Group boosted their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Interactive Brokers Group has an average rating of "Moderate Buy" and a consensus price target of $204.13.

Interactive Brokers Group Stock Performance

Shares of IBKR stock traded down $0.43 during mid-day trading on Monday, hitting $217.01. 261,578 shares of the stock traded hands, compared to its average volume of 1,621,825. Interactive Brokers Group, Inc. has a twelve month low of $92.61 and a twelve month high of $221.09. The company's 50-day simple moving average is $188.49 and its 200-day simple moving average is $156.44. The firm has a market cap of $91.69 billion, a price-to-earnings ratio of 30.68, a price-to-earnings-growth ratio of 1.54 and a beta of 0.89.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last released its earnings results 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 return on equity of 5.00% and a net margin of 9.25%. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the previous year, the company earned $1.52 earnings per share. Interactive Brokers Group's revenue was up 21.8% compared to the same quarter last year. Analysts forecast that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.25 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.46%. Interactive Brokers Group's payout ratio is currently 14.16%.

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.