AWH Capital L.P. Has $6.45 Million Stock Holdings in Interactive Brokers Group, Inc. $IBKR

AWH Capital L.P. lifted its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 300.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,380 shares of the financial services provider’s stock after purchasing an additional 87,285 shares during the period. Interactive Brokers Group accounts for 7.5% of AWH Capital L.P.’s holdings, making the stock its 3rd biggest holding. AWH Capital L.P.’s holdings in Interactive Brokers Group were worth $6,449,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC grew its position in shares of Interactive Brokers Group by 312.9% during the 2nd quarter. ORG Partners LLC now owns 479 shares of the financial services provider’s stock worth $27,000 after buying an additional 363 shares during the period. Huntington National Bank grew its holdings in Interactive Brokers Group by 51.8% in the second quarter. Huntington National Bank now owns 516 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 176 shares during the period. Contravisory Investment Management Inc. grew its holdings in Interactive Brokers Group by 300.0% in the second quarter. Contravisory Investment Management Inc. now owns 564 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 423 shares during the period. Private Wealth Asset Management LLC increased its stake in Interactive Brokers Group by 300.0% in the second quarter. Private Wealth Asset Management LLC now owns 580 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 435 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of Interactive Brokers Group during the second quarter valued at about $32,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Stock Down 2.9%

IBKR stock opened at $64.15 on Friday. The firm has a market capitalization of $108.81 billion, a PE ratio of 30.80, a P/E/G ratio of 2.01 and a beta of 1.26. Interactive Brokers Group, Inc. has a twelve month low of $32.82 and a twelve month high of $73.35. The stock’s 50 day moving average is $67.29 and its 200-day moving average is $62.67.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Thursday, October 16th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.08. Interactive Brokers Group had a return on equity of 5.03% and a net margin of 10.12%.The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the company posted $1.61 earnings per share. Interactive Brokers Group’s revenue was up 21.2% compared to the same quarter last year. On average, equities research analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were issued a $0.08 dividend. The ex-dividend date was Monday, December 1st. This represents a $0.32 annualized dividend and a dividend yield of 0.5%. Interactive Brokers Group’s dividend payout ratio is currently 15.38%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Barclays restated an “overweight” rating and issued a $81.00 target price (up from $80.00) on shares of Interactive Brokers Group in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Interactive Brokers Group in a research note on Monday. BMO Capital Markets upped their target price on Interactive Brokers Group from $82.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Piper Sandler set a $80.00 target price on Interactive Brokers Group and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Finally, Zacks Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Interactive Brokers Group presently has an average rating of “Moderate Buy” and an average target price of $72.19.

Insider Transactions at Interactive Brokers Group

In other Interactive Brokers Group news, CFO Paul Jonathan Brody sold 116,861 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $64.73, for a total value of $7,564,412.53. Following the completion of the sale, the chief financial officer owned 158,954 shares in the company, valued at approximately $10,289,092.42. This trade represents a 42.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lawrence E. Harris sold 22,000 shares of Interactive Brokers Group stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $67.63, for a total transaction of $1,487,860.00. Following the transaction, the director directly owned 231,704 shares in the company, valued at approximately $15,670,141.52. This represents a 8.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 604,529 shares of company stock worth $38,685,351 over the last three months. 2.97% of the stock is owned by 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.