Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Purchased by Cantillon Capital Management LLC

Cantillon Capital Management LLC grew its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,395,690 shares of the financial services provider’s stock after buying an additional 18,047 shares during the period. Interactive Brokers Group makes up 3.6% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Cantillon Capital Management LLC owned about 0.80% of Interactive Brokers Group worth $599,917,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IBKR. State of Alaska Department of Revenue raised its position in shares of Interactive Brokers Group by 8.8% during the third quarter. State of Alaska Department of Revenue now owns 12,636 shares of the financial services provider’s stock valued at $1,760,000 after buying an additional 1,025 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Interactive Brokers Group by 12.3% during the third quarter. Nisa Investment Advisors LLC now owns 1,282 shares of the financial services provider’s stock valued at $179,000 after buying an additional 140 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Interactive Brokers Group by 305.0% during the third quarter. Farther Finance Advisors LLC now owns 810 shares of the financial services provider’s stock valued at $113,000 after buying an additional 610 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Interactive Brokers Group by 0.4% during the third quarter. Janney Montgomery Scott LLC now owns 76,738 shares of the financial services provider’s stock valued at $10,694,000 after buying an additional 278 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. acquired a new position in Interactive Brokers Group in the third quarter worth about $8,362,000. Institutional investors and hedge funds own 23.80% of the company’s stock.

Insider Activity

In related news, Director Jill Bright purchased 135 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of $219.51 per share, with a total value of $29,633.85. Following the completion of the purchase, the director now directly owns 2,476 shares of the company’s stock, valued at $543,506.76. This trade represents a 5.77 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.21% of the stock is owned by insiders.

Interactive Brokers Group Trading Up 0.4 %

Shares of Interactive Brokers Group stock opened at $204.40 on Friday. The stock has a market capitalization of $86.36 billion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 1.59 and a beta of 0.89. Interactive Brokers Group, Inc. has a 1-year low of $103.69 and a 1-year high of $236.53. The firm’s 50-day moving average price is $204.34 and its two-hundred day moving average price is $170.96.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.52 earnings per share. As a group, equities research analysts predict that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, February 28th. This represents a $1.00 annualized dividend and a dividend yield of 0.49%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.16%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on IBKR. Barclays increased their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group increased their price target on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Piper Sandler reissued an “overweight” rating and issued a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods increased 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. Finally, Citigroup increased their price target on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.13.

Interactive Brokers Group 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.