Fidelis Capital Partners LLC Invests $215,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Fidelis Capital Partners LLC acquired a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,215 shares of the financial services provider’s stock, valued at approximately $215,000.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in Interactive Brokers Group by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,017,082 shares of the financial services provider’s stock valued at $559,821,000 after buying an additional 11,379 shares in the last quarter. Cantillon Capital Management LLC increased its position in Interactive Brokers Group by 0.5% in the 4th quarter. Cantillon Capital Management LLC now owns 3,395,690 shares of the financial services provider’s stock valued at $599,917,000 after buying an additional 18,047 shares in the last quarter. State Street Corp increased its position in Interactive Brokers Group by 1.7% in the 3rd quarter. State Street Corp now owns 3,222,135 shares of the financial services provider’s stock valued at $449,037,000 after buying an additional 52,911 shares in the last quarter. Geode Capital Management LLC increased its position in Interactive Brokers Group by 5.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock valued at $287,921,000 after buying an additional 106,392 shares in the last quarter. Finally, FMR LLC increased its position in Interactive Brokers Group by 12.2% in the 3rd quarter. FMR LLC now owns 1,094,598 shares of the financial services provider’s stock valued at $152,543,000 after buying an additional 119,187 shares in the last quarter. 23.80% of the stock is owned by institutional investors.

Interactive Brokers Group Stock Up 0.3 %

Shares of NASDAQ IBKR opened at $196.69 on Thursday. Interactive Brokers Group, Inc. has a twelve month low of $103.69 and a twelve month high of $236.53. The stock’s 50 day moving average price is $205.12 and its 200-day moving average price is $172.43. The company has a market capitalization of $83.11 billion, a PE ratio of 27.86, a PEG ratio of 1.59 and a beta of 0.89.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The company’s 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 7.46 EPS for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.25 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.51%. Interactive Brokers Group’s payout ratio is 14.16%.

Insider Activity at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were acquired at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the completion of the purchase, the director now owns 2,476 shares in the company, valued at approximately $543,506.76. This trade represents a 5.77 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.21% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently commented on the company. Keefe, Bruyette & Woods boosted their target price on Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research report on Monday, January 13th. Barclays boosted their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Piper Sandler reiterated an “overweight” rating and set a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Citigroup lifted their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, The Goldman Sachs Group lifted their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.