Interactive Brokers Group, Inc. (NASDAQ:IBKR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) have earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $76.3929.

IBKR has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. Barclays set a $83.00 price objective on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a report on Wednesday, January 21st. BMO Capital Markets raised their target price on shares of Interactive Brokers Group from $80.00 to $82.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Finally, Zacks Research downgraded shares of Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th.

Insider Activity at Interactive Brokers Group

In related news, Vice Chairman Earl H. Nemser sold 60,200 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $75.30, for a total value of $4,533,060.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 400,000 shares of company stock worth $30,725,122. Corporate insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Interactive Brokers Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Interactive Brokers Group during the 3rd quarter worth about $27,000. Reflection Asset Management purchased a new position in Interactive Brokers Group in the fourth quarter valued at approximately $26,000. IMA Advisory Services Inc. raised its holdings in Interactive Brokers Group by 64.3% in the fourth quarter. IMA Advisory Services Inc. now owns 455 shares of the financial services provider’s stock valued at $29,000 after buying an additional 178 shares during the period. Tobam acquired a new position in Interactive Brokers Group during the fourth quarter valued at approximately $30,000. Finally, Entrust Financial LLC purchased a new stake in Interactive Brokers Group during the fourth quarter worth approximately $31,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Price Performance

Shares of Interactive Brokers Group stock opened at $67.74 on Monday. Interactive Brokers Group has a fifty-two week low of $32.82 and a fifty-two week high of $79.18. The business’s fifty day moving average is $70.93 and its two-hundred day moving average is $68.85. The firm has a market cap of $114.91 billion, a PE ratio of 30.58, a P/E/G ratio of 1.90 and a beta of 1.25.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $0.65 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. Equities research analysts anticipate that Interactive Brokers Group will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.32 annualized dividend and a dividend yield of 0.5%. Interactive Brokers Group’s payout ratio is currently 14.48%.

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.