Brokerages Set Interactive Brokers Group, Inc. (NASDAQ:IBKR) PT at $204.13

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $204.13.

IBKR has been the subject of several analyst reports. Barclays lifted their price objective on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Citigroup boosted their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 10th. UBS Group raised their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a report on Monday, January 27th. StockNews.com raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd.

Insider Activity at Interactive Brokers Group

In related news, Director Jill Bright bought 135 shares of the business’s stock in a transaction that occurred 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 completion of the purchase, the director now directly owns 2,476 shares in the company, valued at $543,506.76. The trade was a 5.77 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.99% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Donoghue Forlines LLC acquired a new stake in shares of Interactive Brokers Group in the 4th quarter worth about $2,088,000. Union Bancaire Privee UBP SA purchased a new position in shares of Interactive Brokers Group during the 4th quarter valued at $3,750,000. Friedenthal Financial purchased a new stake in Interactive Brokers Group during the fourth quarter valued at about $775,000. New Millennium Group LLC bought a new position in Interactive Brokers Group in the 4th quarter worth approximately $2,319,000. Finally, Caldwell Investment Management Ltd. bought a new position in shares of Interactive Brokers Group in the fourth quarter worth $1,215,000. 23.80% of the stock is owned by institutional investors and hedge funds.

Interactive Brokers Group Stock Performance

IBKR opened at $165.59 on Thursday. The stock has a fifty day moving average of $201.44 and a 200-day moving average of $179.14. Interactive Brokers Group has a fifty-two week low of $103.69 and a fifty-two week high of $236.53. The company has a market capitalization of $69.97 billion, a P/E ratio of 23.45, a P/E/G ratio of 1.59 and a beta of 0.99.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data 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. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the firm posted $1.52 EPS. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, equities research analysts predict that Interactive Brokers Group will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date was Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is currently 14.16%.

Interactive Brokers Group Company 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.