315,583 Shares in Interactive Brokers Group, Inc. $IBKR Bought by Blue Whale Capital LLP

Blue Whale Capital LLP bought a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 315,583 shares of the financial services provider’s stock, valued at approximately $21,715,000. Interactive Brokers Group makes up approximately 1.2% of Blue Whale Capital LLP’s portfolio, making the stock its 21st largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of Interactive Brokers Group by 24.7% during the first quarter. AQR Capital Management LLC now owns 13,704 shares of the financial services provider’s stock valued at $2,269,000 after purchasing an additional 2,713 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Interactive Brokers Group by 1,051.5% in the second quarter. First Horizon Advisors Inc. now owns 760 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 694 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of Interactive Brokers Group by 352.5% in the second quarter. Penserra Capital Management LLC now owns 2,240 shares of the financial services provider’s stock worth $124,000 after buying an additional 1,745 shares in the last quarter. Metis Global Partners LLC boosted its stake in Interactive Brokers Group by 171.1% during the second quarter. Metis Global Partners LLC now owns 5,230 shares of the financial services provider’s stock valued at $290,000 after buying an additional 3,301 shares during the last quarter. Finally, AE Wealth Management LLC boosted its stake in Interactive Brokers Group by 312.7% during the second quarter. AE Wealth Management LLC now owns 30,186 shares of the financial services provider’s stock valued at $1,673,000 after buying an additional 22,872 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 145,000 shares of Interactive Brokers Group 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 transaction, the insider directly owned 155,000 shares of the company’s stock, valued at $12,066,750. The trade was a 48.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 400,000 shares of company stock worth $30,725,122 over the last ninety days. 2.97% of the stock is owned by insiders.

Interactive Brokers Group Price Performance

Shares of NASDAQ IBKR opened at $68.50 on Wednesday. Interactive Brokers Group, Inc. has a 1-year low of $32.82 and a 1-year high of $79.18. The business’s 50 day moving average is $72.54 and its two-hundred day moving average is $68.29. The stock has a market capitalization of $116.19 billion, a P/E ratio of 30.93, a PEG ratio of 1.89 and a beta of 1.23.

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

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.08 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.32 dividend on an annualized basis and a yield of 0.5%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.48%.

Analyst Ratings Changes

IBKR has been the subject of several research analyst reports. BMO Capital Markets raised their price target on Interactive Brokers Group from $80.00 to $82.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Interactive Brokers Group in a research report on Monday, December 29th. Zacks Research lowered shares of Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Finally, Barclays set a $83.00 price target on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.