Aquatic Capital Management LLC Purchases 35,846 Shares of Interactive Brokers Group, Inc. $IBKR

Aquatic Capital Management LLC boosted its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 56.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,895 shares of the financial services provider’s stock after buying an additional 35,846 shares during the quarter. Aquatic Capital Management LLC’s holdings in Interactive Brokers Group were worth $6,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Murphy & Mullick Capital Management Corp purchased a new position in Interactive Brokers Group in the 3rd quarter worth $27,000. N.E.W. Advisory Services LLC grew its stake in shares of Interactive Brokers Group by 300.0% during the second quarter. N.E.W. Advisory Services LLC now owns 632 shares of the financial services provider’s stock valued at $35,000 after buying an additional 474 shares during the last quarter. Ramsey Quantitative Systems purchased a new position in shares of Interactive Brokers Group in the second quarter worth about $44,000. Darwin Wealth Management LLC purchased a new position in shares of Interactive Brokers Group in the second quarter worth about $45,000. Finally, SBI Securities Co. Ltd. lifted its stake in shares of Interactive Brokers Group by 252.1% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,000 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 716 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Interactive Brokers Group

In related news, Vice Chairman Earl H. Nemser sold 60,200 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $75.30, for a total transaction of $4,533,060.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have sold 400,000 shares of company stock worth $30,725,122. Insiders own 2.97% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of IBKR stock opened at $66.19 on Monday. Interactive Brokers Group, Inc. has a fifty-two week low of $32.82 and a fifty-two week high of $79.18. The firm has a market cap of $112.27 billion, a P/E ratio of 29.88, a P/E/G ratio of 1.85 and a beta of 1.23. The business’s 50 day moving average price is $72.65 and its 200-day moving average price is $68.38.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.15. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.58 billion. Interactive Brokers Group had a return on equity of 5.12% and a net margin of 9.44%.The firm’s revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 earnings per share. As a group, equities analysts predict that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, February 27th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.48%.

Analyst Upgrades and Downgrades

IBKR has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. Zacks Research downgraded Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. BMO Capital Markets increased their price objective on Interactive Brokers Group from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Finally, Barclays set a $83.00 target price on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Interactive Brokers Group has a consensus rating of “Moderate Buy” and an average target price of $76.39.

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.