12,007 Shares in Interactive Brokers Group, Inc. $IBKR Purchased by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. purchased a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,007 shares of the financial services provider’s stock, valued at approximately $826,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Murphy & Mullick Capital Management Corp bought a new stake in shares of Interactive Brokers Group in the 3rd quarter worth approximately $27,000. Huntington National Bank raised its position in shares of Interactive Brokers Group by 51.8% in the 2nd quarter. Huntington National Bank now owns 516 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 176 shares during the last quarter. LFA Lugano Financial Advisors SA bought a new stake in Interactive Brokers Group during the 2nd quarter valued at about $32,000. N.E.W. Advisory Services LLC lifted its stake in shares of Interactive Brokers Group by 300.0% in the second quarter. N.E.W. Advisory Services LLC now owns 632 shares of the financial services provider’s stock worth $35,000 after buying an additional 474 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in shares of Interactive Brokers Group by 1,051.5% during the second quarter. First Horizon Advisors Inc. now owns 760 shares of the financial services provider’s stock valued at $42,000 after buying an additional 694 shares during the last quarter. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Insider Buying and Selling at Interactive Brokers Group

In other news, Vice Chairman Earl H. Nemser sold 145,000 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $77.85, for a total transaction of $11,288,250.00. Following the completion of the sale, the insider owned 155,000 shares of the company’s stock, valued at $12,066,750. The trade was a 48.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 400,000 shares of company stock worth $30,725,122. Company insiders own 2.97% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of NASDAQ:IBKR opened at $73.65 on Thursday. The stock’s 50-day simple moving average is $71.74 and its two-hundred day simple moving average is $67.89. The stock has a market capitalization of $124.92 billion, a price-to-earnings ratio of 33.25, a PEG ratio of 2.01 and a beta of 1.24. Interactive Brokers Group, Inc. has a 52-week low of $32.82 and a 52-week high of $79.18.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.50 by $0.15. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.58 billion. Interactive Brokers Group had a net margin of 9.44% and a return on equity of 5.12%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.51 EPS. As a group, equities analysts forecast that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Friday, February 27th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.48%.

Wall Street Analysts Forecast Growth

Several analysts have commented on IBKR shares. BMO Capital Markets increased their target price on Interactive Brokers Group from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Barclays set a $83.00 target price on Interactive Brokers Group and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Zacks Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $76.39.

Interactive Brokers Group 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.