Capital Market Strategies LLC Invests $212,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Capital Market Strategies LLC purchased a new stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,200 shares of the financial services provider’s stock, valued at approximately $212,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in Interactive Brokers Group by 66.4% in the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock valued at $31,000 after buying an additional 71 shares in the last quarter. Fairfield Financial Advisors LTD purchased a new stake in shares of Interactive Brokers Group in the second quarter valued at about $32,000. UMB Bank n.a. grew its holdings in shares of Interactive Brokers Group by 350.0% in the third quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 224 shares during the period. Smithfield Trust Co increased its position in Interactive Brokers Group by 80.6% during the third quarter. Smithfield Trust Co now owns 345 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 154 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Interactive Brokers Group during the third quarter worth about $49,000. Institutional investors and hedge funds own 23.80% of the company’s stock.

Wall Street Analysts Forecast Growth

IBKR has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price target on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Barclays raised their target price on Interactive Brokers Group from $165.00 to $214.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. The Goldman Sachs Group increased their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Keefe, Bruyette & Woods boosted their price objective on shares of Interactive Brokers Group from $152.00 to $190.00 and gave the company a “market perform” rating in a report on Friday, December 20th. Finally, UBS Group increased their target price on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Interactive Brokers Group presently has an average rating of “Moderate Buy” and an average target price of $173.00.

Interactive Brokers Group Trading Up 2.8 %

Interactive Brokers Group stock traded up $5.17 during midday trading on Monday, reaching $188.89. 540,006 shares of the stock traded hands, compared to its average volume of 932,547. The firm has a market cap of $79.81 billion, a PE ratio of 28.84, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. The company has a 50-day simple moving average of $177.66 and a two-hundred day simple moving average of $145.96. Interactive Brokers Group, Inc. has a 12-month low of $83.86 and a 12-month high of $193.42.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. The business had revenue of $2.45 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the business posted $1.55 EPS. Equities research analysts anticipate that Interactive Brokers Group, Inc. will post 6.82 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.25 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.00 annualized dividend and a dividend yield of 0.53%. Interactive Brokers Group’s dividend payout ratio (DPR) is 15.27%.

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.