Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Purchased by Qsemble Capital Management LP

Qsemble Capital Management LP raised its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 23.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,448 shares of the financial services provider’s stock after purchasing an additional 1,989 shares during the quarter. Qsemble Capital Management LP’s holdings in Interactive Brokers Group were worth $1,456,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC acquired a new position in Interactive Brokers Group in the first quarter valued at approximately $356,000. Bessemer Group Inc. raised its holdings in Interactive Brokers Group by 389.9% in the 1st quarter. Bessemer Group Inc. now owns 632 shares of the financial services provider’s stock valued at $70,000 after buying an additional 503 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Interactive Brokers Group by 607.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,720 shares of the financial services provider’s stock worth $192,000 after purchasing an additional 1,477 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Interactive Brokers Group by 6.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 53,280 shares of the financial services provider’s stock worth $5,952,000 after acquiring an additional 3,326 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Interactive Brokers Group by 9.9% in the 1st quarter. Janus Henderson Group PLC now owns 108,977 shares of the financial services provider’s stock worth $12,173,000 after acquiring an additional 9,858 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IBKR has been the topic of a number of research analyst reports. UBS Group boosted their target price on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Barclays lowered their price target on Interactive Brokers Group from $166.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, October 16th. Jefferies Financial Group increased their price target on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Finally, Piper Sandler restated an “overweight” rating and issued a $163.00 price target on shares of Interactive Brokers Group in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Interactive Brokers Group currently has an average rating of “Moderate Buy” and a consensus target price of $143.00.

Interactive Brokers Group Stock Performance

Shares of NASDAQ IBKR opened at $190.98 on Tuesday. The firm has a market cap of $80.69 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 1.50 and a beta of 0.79. Interactive Brokers Group, Inc. has a 1 year low of $72.60 and a 1 year high of $193.42. The stock’s 50-day simple moving average is $155.31 and its 200-day simple moving average is $134.11.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. The company had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the firm posted $1.55 EPS. As a group, research analysts predict that Interactive Brokers Group, Inc. will post 6.82 EPS for the current year.

Interactive Brokers Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a $0.25 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.52%. Interactive Brokers Group’s dividend payout ratio (DPR) is 15.27%.

About Interactive Brokers Group

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.