22,694 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 22,694 shares of the financial services provider’s stock, valued at approximately $3,750,000.

Other hedge funds also recently made changes to their positions in the company. Contravisory Investment Management Inc. purchased a new position in shares of Interactive Brokers Group in the 4th quarter worth $25,000. SRH Advisors LLC purchased a new position in shares of Interactive Brokers Group in the 4th quarter worth about $28,000. Versant Capital Management Inc lifted its stake in shares of 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 valued at $31,000 after purchasing an additional 71 shares in the last quarter. Blue Trust Inc. grew 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 worth $33,000 after purchasing an additional 88 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in 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 worth $35,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on IBKR shares. Piper Sandler reiterated an “overweight” rating and set a $210.00 price objective (up from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Citigroup lifted their target price on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a report on Friday, January 10th. UBS Group raised their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, January 27th. The Goldman Sachs Group boosted their price objective on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Finally, Keefe, Bruyette & Woods increased their target price on 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. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Interactive Brokers Group has an average rating of “Moderate Buy” and a consensus target price of $204.13.

Insider Activity at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright bought 135 shares of the company’s stock in a transaction on Friday, January 31st. The shares were bought at an average cost 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 approximately $543,506.76. This trade represents a 5.77 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.21% of the stock is owned by corporate insiders.

Interactive Brokers Group Trading Down 3.2 %

Interactive Brokers Group stock opened at $218.68 on Friday. Interactive Brokers Group, Inc. has a 52 week low of $103.69 and a 52 week high of $236.53. The stock has a market cap of $92.40 billion, a P/E ratio of 30.97, a price-to-earnings-growth ratio of 1.59 and a beta of 0.89. The stock has a 50 day moving average of $201.39 and a 200-day moving average of $167.81.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The firm’s revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.52 EPS. As a group, equities analysts predict that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

The company also recently disclosed 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. This represents a $1.00 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is currently 14.16%.

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.