SRH Advisors LLC Invests $28,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

SRH Advisors LLC acquired a new stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the 4th quarter, Holdings Channel reports. The fund acquired 160 shares of the financial services provider’s stock, valued at approximately $28,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. acquired a new stake in shares of Interactive Brokers Group in the 4th quarter valued at about $25,000. Versant Capital Management Inc grew its holdings in shares of Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after buying an additional 71 shares in the last quarter. Blue Trust Inc. raised its position in Interactive Brokers Group by 90.7% in the 4th quarter. Blue Trust Inc. now owns 185 shares of the financial services provider’s stock valued at $33,000 after buying an additional 88 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in Interactive Brokers Group by 100.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 200 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 100 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in Interactive Brokers Group by 350.0% during the 3rd quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 224 shares during the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

IBKR has been the topic of a number of recent research reports. Citigroup lifted their price objective on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a report on Friday, January 10th. Keefe, Bruyette & Woods boosted their price target on shares of 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. The Goldman Sachs Group raised their price objective on Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Barclays upped their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Finally, UBS Group raised their price target on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, January 27th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $204.13.

Insider Activity at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of Interactive Brokers Group stock in a transaction dated Friday, January 31st. The stock was bought at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the completion of the acquisition, the director now directly owns 2,476 shares in the company, valued at approximately $543,506.76. The trade was a 5.77 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.21% of the stock is owned by company insiders.

Interactive Brokers Group Stock Down 2.1 %

NASDAQ:IBKR opened at $221.47 on Wednesday. Interactive Brokers Group, Inc. has a 12-month low of $97.75 and a 12-month high of $235.29. The stock’s 50 day moving average price is $193.60 and its two-hundred day moving average price is $161.69. The firm has a market capitalization of $93.58 billion, a price-to-earnings ratio of 31.37, a P/E/G ratio of 1.62 and a beta of 0.89.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter last year, the firm posted $1.52 EPS. The company’s quarterly revenue was up 21.8% on a year-over-year basis. Equities research analysts expect that Interactive Brokers Group, Inc. will post 7.39 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s payout ratio is 14.16%.

About Interactive Brokers Group

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.