Crocodile Capital Partners GmbH Acquires Shares of 187,226 Interactive Brokers Group, Inc. $IBKR

Crocodile Capital Partners GmbH acquired a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 187,226 shares of the financial services provider’s stock, valued at approximately $12,041,000. Interactive Brokers Group makes up approximately 7.2% of Crocodile Capital Partners GmbH’s portfolio, making the stock its 4th biggest position.

A number of other institutional investors also recently modified their holdings of the company. Ballentine Partners LLC increased its stake in Interactive Brokers Group by 1.0% during the 3rd quarter. Ballentine Partners LLC now owns 15,389 shares of the financial services provider’s stock valued at $1,059,000 after purchasing an additional 145 shares in the last quarter. Caitlin John LLC lifted its stake in shares of Interactive Brokers Group by 0.6% in the third quarter. Caitlin John LLC now owns 25,195 shares of the financial services provider’s stock valued at $1,734,000 after buying an additional 153 shares in the last quarter. Petra Financial Advisors Inc. lifted its stake in shares of Interactive Brokers Group by 1.7% in the third quarter. Petra Financial Advisors Inc. now owns 10,221 shares of the financial services provider’s stock valued at $703,000 after buying an additional 167 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Interactive Brokers Group by 18.0% during the third quarter. SBI Securities Co. Ltd. now owns 1,180 shares of the financial services provider’s stock valued at $81,000 after buying an additional 180 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Interactive Brokers Group by 2.5% during the third quarter. Allworth Financial LP now owns 7,363 shares of the financial services provider’s stock valued at $507,000 after buying an additional 183 shares during the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Interactive Brokers Group Stock Down 3.3%

IBKR stock opened at $65.47 on Monday. The firm has a market cap of $111.06 billion, a PE ratio of 29.56, a P/E/G ratio of 1.83 and a beta of 1.23. The business has a 50 day moving average of $72.29 and a 200-day moving average of $68.55. Interactive Brokers Group, Inc. has a 12-month low of $32.82 and a 12-month high of $79.18.

Interactive Brokers Group (NASDAQ:IBKR) last issued 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. Interactive Brokers Group had a return on equity of 5.12% and a net margin of 9.44%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company posted $0.51 earnings per share. Interactive Brokers Group’s quarterly revenue was up 18.5% compared to the same quarter last year. On average, research analysts expect that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, February 27th. Interactive Brokers Group’s payout ratio is presently 14.48%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Interactive Brokers Group

In related news, Vice Chairman Earl H. Nemser sold 145,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $77.85, for a total value of $11,288,250.00. Following the transaction, the insider directly owned 155,000 shares of the company’s stock, valued at approximately $12,066,750. The trade was a 48.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 400,000 shares of company stock valued at $30,725,122. 2.80% of the stock is currently owned by insiders.

Interactive Brokers Group Company 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.