Uncommon Cents Investing LLC Has $3.03 Million Stock Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Uncommon Cents Investing LLC increased its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,120 shares of the financial services provider’s stock after purchasing an additional 90 shares during the period. Uncommon Cents Investing LLC’s holdings in Interactive Brokers Group were worth $3,025,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IBKR. Townsquare Capital LLC raised its holdings in Interactive Brokers Group by 1.2% in the third quarter. Townsquare Capital LLC now owns 5,456 shares of the financial services provider’s stock worth $760,000 after purchasing an additional 67 shares during the period. TD Private Client Wealth LLC increased its position in shares of Interactive Brokers Group by 0.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,797 shares of the financial services provider’s stock valued at $2,759,000 after buying an additional 69 shares in the last quarter. Versant Capital Management Inc raised its stake in Interactive Brokers Group by 66.4% during the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after buying an additional 71 shares during the period. Prime Capital Investment Advisors LLC raised its stake in Interactive Brokers Group by 3.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,746 shares of the financial services provider’s stock worth $383,000 after buying an additional 97 shares during the period. Finally, Hanseatic Management Services Inc. lifted its holdings in Interactive Brokers Group by 1.3% during the fourth quarter. Hanseatic Management Services Inc. now owns 7,313 shares of the financial services provider’s stock worth $1,292,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Trading Up 1.0 %

Interactive Brokers Group stock opened at $190.09 on Monday. Interactive Brokers Group, Inc. has a 1-year low of $88.22 and a 1-year high of $193.42. The company has a fifty day simple moving average of $183.60 and a 200 day simple moving average of $150.51. The company has a market cap of $80.32 billion, a P/E ratio of 29.02, a price-to-earnings-growth ratio of 1.35 and a beta of 0.87.

Analyst Ratings Changes

A number of research firms have recently commented on IBKR. The Goldman Sachs Group raised 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. Keefe, Bruyette & Woods raised their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a report on Monday, January 13th. Piper Sandler upped their price target on shares of Interactive Brokers Group from $163.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, January 7th. Barclays raised their price objective on shares of Interactive Brokers Group from $214.00 to $224.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, Jefferies Financial Group upped their target price 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. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Interactive Brokers Group presently has an average rating of “Moderate Buy” and a consensus target price of $190.13.

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.