1,275 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Acquired by Stratos Investment Management LLC

Stratos Investment Management LLC bought a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,275 shares of the financial services provider's stock, valued at approximately $225,000.

Other large investors also recently bought and sold shares of the company. Contravisory Investment Management Inc. purchased a new position in shares of Interactive Brokers Group during the 4th quarter valued at about $25,000. Versant Capital Management Inc boosted its position 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 purchasing an additional 71 shares in the last quarter. Blue Trust Inc. increased its holdings 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 valued at $33,000 after purchasing an additional 88 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Interactive Brokers Group by 100.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 200 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 100 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of 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 valued at $40,000 after purchasing an additional 224 shares during the period. Hedge funds and other institutional investors own 23.80% of the company's stock.

Insider Buying and Selling at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the company's stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $219.51 per share, with a total value of $29,633.85. Following the completion of the acquisition, the director now owns 2,476 shares of the company's stock, valued at $543,506.76. This trade represents a 5.77 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.21% of the stock is owned by insiders.

Interactive Brokers Group Stock Up 1.3 %

Shares of NASDAQ IBKR traded up $2.91 during midday trading on Friday, hitting $231.14. The stock had a trading volume of 2,005,227 shares, compared to its average volume of 1,813,609. Interactive Brokers Group, Inc. has a 1 year low of $94.45 and a 1 year high of $235.29. The company has a market capitalization of $97.66 billion, a PE ratio of 32.74, a P/E/G ratio of 1.62 and a beta of 0.89. The stock has a 50 day simple moving average of $192.09 and a 200-day simple moving average of $159.91.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, beating 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 company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same quarter last year, the firm posted $1.52 EPS. The firm's revenue for the quarter was up 21.8% on a year-over-year basis. As a group, analysts expect that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.43%. Interactive Brokers Group's dividend payout ratio is presently 14.16%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on IBKR shares. UBS Group lifted their price objective 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. Barclays raised their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Piper Sandler reaffirmed an "overweight" rating and issued a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a report on Wednesday, January 22nd. The Goldman Sachs Group raised their price objective 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, Citigroup boosted their price objective 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. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $204.13.

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.