Yousif Capital Management LLC Acquires 152 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Yousif Capital Management LLC increased its holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 49,785 shares of the financial services provider’s stock after purchasing an additional 152 shares during the period. Yousif Capital Management LLC’s holdings in Interactive Brokers Group were worth $4,127,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Contravisory Investment Management Inc. bought a new stake in Interactive Brokers Group in the fourth quarter worth $25,000. Rakuten Securities Inc. purchased a new position in Interactive Brokers Group during the fourth quarter worth $34,000. Headlands Technologies LLC purchased a new position in Interactive Brokers Group during the third quarter worth $40,000. Asset Management One Co. Ltd. boosted its stake in Interactive Brokers Group by 22.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 744 shares of the financial services provider’s stock worth $62,000 after buying an additional 135 shares during the period. Finally, IFP Advisors Inc boosted its stake in Interactive Brokers Group by 1,672.9% during the third quarter. IFP Advisors Inc now owns 851 shares of the financial services provider’s stock worth $74,000 after buying an additional 803 shares during the period. Institutional investors own 23.80% of the company’s stock.

Wall Street Analysts Forecast Growth

IBKR has been the subject of several recent analyst reports. Jefferies Financial Group lifted their price objective on shares of Interactive Brokers Group from $133.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Barclays lifted their price objective on shares of Interactive Brokers Group from $132.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 17th. Piper Sandler lifted their price objective on shares of Interactive Brokers Group from $105.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday, April 12th. The Goldman Sachs Group raised shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $88.00 to $102.00 in a research note on Tuesday, January 9th. Finally, Citigroup lifted their price objective on shares of Interactive Brokers Group from $105.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Interactive Brokers Group has a consensus rating of “Moderate Buy” and an average target price of $124.00.

Interactive Brokers Group Trading Down 1.0 %

Shares of IBKR opened at $116.15 on Friday. The firm has a market capitalization of $48.90 billion, a P/E ratio of 19.85, a P/E/G ratio of 1.19 and a beta of 0.83. Interactive Brokers Group, Inc. has a 12-month low of $70.83 and a 12-month high of $117.96. The firm has a fifty day moving average price of $110.11 and a 200-day moving average price of $93.81.

Interactive Brokers Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.25 per share. This is a positive change from Interactive Brokers Group’s previous quarterly dividend of $0.10. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, May 31st. Interactive Brokers Group’s payout ratio is currently 6.84%.

Insider Buying and Selling

In related news, Vice Chairman Earl H. Nemser sold 74,218 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $96.29, for a total value of $7,146,451.22. Following the completion of the sale, the insider now directly owns 234,552 shares of the company’s stock, valued at $22,585,012.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Vice Chairman Earl H. Nemser sold 74,218 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $96.29, for a total value of $7,146,451.22. Following the completion of the sale, the insider now directly owns 234,552 shares of the company’s stock, valued at $22,585,012.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Vice Chairman Earl H. Nemser sold 25,782 shares of the company’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $95.71, for a total transaction of $2,467,595.22. Following the completion of the sale, the insider now directly owns 208,770 shares of the company’s stock, valued at $19,981,376.70. The disclosure for this sale can be found here. Insiders sold a total of 284,859 shares of company stock valued at $27,269,699 over the last three months. 3.21% of the stock is owned by company insiders.

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.