Interactive Brokers Group, Inc. (NASDAQ:IBKR) is RV Capital AG’s 5th Largest Position

RV Capital AG decreased its holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 28.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 224,347 shares of the financial services provider’s stock after selling 91,200 shares during the quarter. Interactive Brokers Group accounts for about 8.6% of RV Capital AG’s holdings, making the stock its 5th largest holding. RV Capital AG’s holdings in Interactive Brokers Group were worth $40,147,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Donoghue Forlines LLC acquired a new position in shares of Interactive Brokers Group during the 4th quarter worth about $2,088,000. Aurora Investment Counsel acquired a new position in shares of Interactive Brokers Group during the third quarter valued at approximately $1,693,000. Friedenthal Financial purchased a new position in shares of Interactive Brokers Group in the fourth quarter valued at approximately $775,000. Versor Investments LP purchased a new position in shares of Interactive Brokers Group in the third quarter valued at approximately $474,000. Finally, Caldwell Investment Management Ltd. acquired a new stake in shares of Interactive Brokers Group in the fourth quarter worth approximately $1,215,000. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Analyst Ratings Changes

IBKR has been the topic of a number of research reports. UBS Group raised their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Piper Sandler reissued an “overweight” rating and issued a $210.00 price target (up from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their price target on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Jefferies Financial Group increased their price objective on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, October 4th. Finally, Citigroup upped their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus target price of $192.25.

Interactive Brokers Group Price Performance

Shares of NASDAQ IBKR opened at $218.99 on Monday. The company has a market capitalization of $92.53 billion, a P/E ratio of 31.02, a P/E/G ratio of 1.49 and a beta of 0.87. The company has a 50 day simple moving average of $186.09 and a 200-day simple moving average of $153.30. Interactive Brokers Group, Inc. has a 1 year low of $88.22 and a 1 year high of $220.66.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1,372,590.34 billion. During the same quarter last year, the firm earned $1.52 earnings per share. The firm’s quarterly revenue was up 21.8% compared to the same quarter last year. As a group, research analysts expect that Interactive Brokers Group, Inc. will post 7.39 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.46%. Interactive Brokers Group’s payout ratio is currently 14.16%.

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.