O Brien Greene & Co. Inc Has $18.45 Million Position in Interactive Brokers Group, Inc. $IBKR

O Brien Greene & Co. Inc reduced its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 268,135 shares of the financial services provider’s stock after selling 13,554 shares during the period. Interactive Brokers Group comprises approximately 5.7% of O Brien Greene & Co. Inc’s portfolio, making the stock its biggest holding. O Brien Greene & Co. Inc’s holdings in Interactive Brokers Group were worth $18,450,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IBKR. AQR Capital Management LLC boosted its stake in shares of Interactive Brokers Group by 24.7% in the 1st quarter. AQR Capital Management LLC now owns 13,704 shares of the financial services provider’s stock valued at $2,269,000 after purchasing an additional 2,713 shares in the last quarter. CWM LLC boosted its position in Interactive Brokers Group by 308.5% during the second quarter. CWM LLC now owns 4,338 shares of the financial services provider’s stock valued at $240,000 after buying an additional 3,276 shares during the period. Stephens Inc. AR grew its stake in shares of Interactive Brokers Group by 216.0% during the second quarter. Stephens Inc. AR now owns 6,120 shares of the financial services provider’s stock valued at $339,000 after buying an additional 4,183 shares during the last quarter. Freedom Investment Management Inc. increased its holdings in shares of Interactive Brokers Group by 186.7% in the second quarter. Freedom Investment Management Inc. now owns 6,946 shares of the financial services provider’s stock worth $385,000 after buying an additional 4,523 shares during the period. Finally, Asset Management One Co. Ltd. increased its holdings in shares of Interactive Brokers Group by 290.7% in the second quarter. Asset Management One Co. Ltd. now owns 164,913 shares of the financial services provider’s stock worth $9,138,000 after buying an additional 122,702 shares during the period. 23.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

IBKR has been the subject of several analyst reports. Barclays set a $83.00 target price on Interactive Brokers Group and gave the company an “overweight” rating in a report on Wednesday, January 21st. Weiss Ratings restated a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. BMO Capital Markets upped their price target on shares of Interactive Brokers Group from $80.00 to $82.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. CICC Research began coverage on shares of Interactive Brokers Group in a research report on Monday, October 27th. They set an “outperform” rating and a $78.00 price target for the company. Finally, Zacks Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $76.39.

Insiders Place Their Bets

In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 60,200 shares of Interactive Brokers Group stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $75.30, for a total transaction of $4,533,060.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 400,000 shares of company stock worth $30,725,122. Insiders own 2.97% of the company’s stock.

Interactive Brokers Group Stock Down 3.8%

Shares of Interactive Brokers Group stock opened at $71.54 on Tuesday. The business has a 50 day moving average of $71.34 and a 200 day moving average of $67.81. Interactive Brokers Group, Inc. has a 52 week low of $32.82 and a 52 week high of $79.18. The company has a market cap of $121.34 billion, a PE ratio of 32.30, a P/E/G ratio of 2.08 and a beta of 1.24.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.15. Interactive Brokers Group had a net margin of 9.44% and a return on equity of 5.12%. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the firm earned $0.51 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. On average, research analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a $0.08 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.32 annualized dividend and a yield of 0.4%. Interactive Brokers Group’s dividend payout ratio (DPR) is 14.48%.

Interactive Brokers Group Profile

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.