Fidelis Capital Partners LLC Buys Shares of 1,215 Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Fidelis Capital Partners LLC bought a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,215 shares of the financial services provider’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Donoghue Forlines LLC bought a new stake in Interactive Brokers Group during the 4th quarter valued at $2,088,000. Aurora Investment Counsel bought a new position in shares of Interactive Brokers Group in the third quarter worth $1,693,000. Union Bancaire Privee UBP SA bought a new position in shares of Interactive Brokers Group in the fourth quarter worth $3,750,000. Friedenthal Financial bought a new position in shares of Interactive Brokers Group in the fourth quarter worth $775,000. Finally, New Millennium Group LLC bought a new position in shares of Interactive Brokers Group in the fourth quarter worth $2,319,000. Institutional investors own 23.80% of the company’s stock.

Insider Buying and Selling at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the business’s stock in a transaction on Friday, January 31st. The shares were acquired at an average cost of $219.51 per share, with a total value of $29,633.85. Following the transaction, the director now owns 2,476 shares in the company, valued at $543,506.76. The trade was a 5.77 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.21% of the company’s stock.

Wall Street Analyst Weigh In

IBKR has been the topic of several research analyst reports. Citigroup upped their price target on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. UBS Group increased their target price 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. The Goldman Sachs Group increased their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Barclays increased their target price on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Piper Sandler reissued an “overweight” rating and issued a $210.00 target price (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus target price of $204.13.

Interactive Brokers Group Trading Up 0.3 %

Interactive Brokers Group stock opened at $196.69 on Thursday. The firm has a 50-day moving average of $205.12 and a 200-day moving average of $172.43. The firm has a market cap of $83.11 billion, a P/E ratio of 27.86, a P/E/G ratio of 1.59 and a beta of 0.89. Interactive Brokers Group, Inc. has a 1-year low of $103.69 and a 1-year high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.22. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. Interactive Brokers Group’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 earnings per share. Research 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.51%. Interactive Brokers Group’s payout ratio is 14.16%.

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.