Interactive Brokers Group, Inc. $IBKR Stock Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 1,240.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 405,261 shares of the financial services provider’s stock after purchasing an additional 375,022 shares during the quarter. Vontobel Holding Ltd.’s holdings in Interactive Brokers Group were worth $34,617,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp purchased a new stake in Interactive Brokers Group in the 2nd quarter worth about $210,639,000. Bessemer Group Inc. boosted its position in Interactive Brokers Group by 156.0% during the 1st quarter. Bessemer Group Inc. now owns 3,922,736 shares of the financial services provider’s stock worth $263,097,000 after acquiring an additional 2,390,247 shares during the period. Assenagon Asset Management S.A. boosted its position in Interactive Brokers Group by 2,707.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,192,749 shares of the financial services provider’s stock worth $79,998,000 after acquiring an additional 1,150,271 shares during the period. Amundi boosted its position in Interactive Brokers Group by 62.4% during the 1st quarter. Amundi now owns 2,433,236 shares of the financial services provider’s stock worth $163,197,000 after acquiring an additional 934,843 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in Interactive Brokers Group by 1,393.7% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 262,984 shares of the financial services provider’s stock valued at $17,638,000 after acquiring an additional 245,378 shares in the last quarter. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Trending Headlines about Interactive Brokers Group

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Analyst and rating support: Barclays raised its price target to $117 from $115, while Zacks upgraded IBKR to Rank #1, or “Strong Buy,” citing improving earnings prospects. Evercore ISI also initiated coverage with an Outperform rating. Barclays price target article
• Positive Sentiment: Revenue and customer growth remained healthy: Third-quarter adjusted net revenue rose 15.6% year over year to approximately $1.87 billion, supported by higher net interest income, commissions and customer growth. Commissions increased 12% to about $602 million, while management highlighted continued expansion in global market access, institutional services and AI-powered trading tools. Interactive Brokers revenue growth article
• Positive Sentiment: Dividend increased substantially: Interactive Brokers declared a quarterly dividend of $0.15 per share, up 71.4% from $0.0875, payable December 14 to shareholders of record December 1. The new annualized payout is $0.60 per share. Interactive Brokers dividend announcement
• Neutral Sentiment: Results matched expectations: Adjusted diluted earnings were $0.67 per share versus consensus of $0.67, while adjusted revenue of $1.87 billion was slightly above the $1.86 billion estimate. Earnings improved from $0.57 per share a year earlier, but the limited upside likely contributed to the muted market reaction. Interactive Brokers third-quarter results
• Negative Sentiment: Valuation and interest-rate risks remain: Investors remain sensitive to IBKR’s elevated valuation and exposure to interest rates. A 25-basis-point decline in U.S. rates could reduce annual net interest income by roughly $83 million, while moderating trading activity and lower commission rates could pressure future growth. Interactive Brokers valuation analysis

Wall Street Analyst Weigh In

IBKR has been the topic of a number of research reports. Zacks Research downgraded Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 24th. Barclays set a $117.00 price target on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a report on Friday. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Interactive Brokers Group in a research report on Wednesday, September 2nd. BMO Capital Markets reiterated an “outperform” rating and issued a $100.00 price objective (down from $105.00) on shares of Interactive Brokers Group in a research note on Friday. Finally, Piper Sandler set a $109.00 target price on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $103.12.

Interactive Brokers Group Stock Performance

Shares of Interactive Brokers Group stock traded down $3.34 during trading on Friday, hitting $82.69. 7,263,067 shares of the stock traded hands, compared to its average volume of 3,882,338. The stock has a market cap of $140.69 billion, a P/E ratio of 31.80, a PEG ratio of 1.53 and a beta of 1.37. The company has a fifty day moving average price of $90.32 and a two-hundred day moving average price of $87.12. Interactive Brokers Group, Inc. has a twelve month low of $58.95 and a twelve month high of $98.75.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Thursday, October 15th. The financial services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Interactive Brokers Group had a return on equity of 5.50% and a net margin of 10.03%. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The firm’s revenue was up 15.6% on a year-over-year basis. On average, equities research analysts expect that Interactive Brokers Group, Inc. will post 2.70 EPS for the current fiscal year.

Interactive Brokers Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Tuesday, December 1st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.7%. This is a boost from Interactive Brokers Group’s previous quarterly dividend of $0.0875. The ex-dividend date is Tuesday, December 1st. Interactive Brokers Group’s dividend payout ratio is presently 14.00%.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc is a global electronic brokerage company that provides trading, investment and custody services to individual investors, financial advisors, hedge funds, proprietary trading firms, family offices and other institutional clients. The company offers access to a broad range of markets and financial instruments, including stocks, options, futures, currencies, bonds, exchange-traded funds and mutual funds.

Interactive Brokers provides its services through digital platforms such as Trader Workstation, IBKR Mobile and Client Portal, along with application programming interfaces for clients seeking automated or integrated trading capabilities.