Nisa Investment Advisors LLC Purchases 195 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Nisa Investment Advisors LLC boosted its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,477 shares of the financial services provider’s stock after acquiring an additional 195 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Interactive Brokers Group were worth $261,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of Interactive Brokers Group by 10.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 301,688 shares of the financial services provider’s stock worth $36,988,000 after purchasing an additional 27,621 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Interactive Brokers Group during the 2nd quarter valued at $250,000. Creative Planning lifted its holdings in Interactive Brokers Group by 12.2% during the 2nd quarter. Creative Planning now owns 7,768 shares of the financial services provider’s stock valued at $952,000 after purchasing an additional 845 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Interactive Brokers Group by 37.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,532 shares of the financial services provider’s stock worth $188,000 after purchasing an additional 420 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Interactive Brokers Group by 0.6% in the second quarter. Cetera Investment Advisers now owns 42,307 shares of the financial services provider’s stock valued at $5,187,000 after purchasing an additional 259 shares during the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of IBKR stock opened at $211.25 on Thursday. Interactive Brokers Group, Inc. has a fifty-two week low of $88.22 and a fifty-two week high of $220.66. The company has a market cap of $89.26 billion, a PE ratio of 29.92, a P/E/G ratio of 1.49 and a beta of 0.87. The stock’s fifty day moving average price is $187.43 and its two-hundred day moving average price is $154.89.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 5.00% and a net margin of 9.25%. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.52 earnings per share. On average, equities analysts predict that Interactive Brokers Group, Inc. will post 7.39 EPS for the current fiscal year.

Interactive Brokers Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is 14.16%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on IBKR shares. Barclays raised their target price on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods increased their price objective on 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. UBS Group boosted their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday. Citigroup raised 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. Finally, The Goldman Sachs Group raised their price objective on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Interactive Brokers Group 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.