Interactive Brokers Group, Inc. (NASDAQ:IBKR) has received a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $53.00.

IBKR has been the subject of several research analyst reports. BidaskClub downgraded shares of Interactive Brokers Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 16th. SunTrust Banks restated a “hold” rating and issued a $40.00 price target on shares of Interactive Brokers Group in a research report on Wednesday, October 4th. Goldman Sachs Group downgraded shares of Interactive Brokers Group from a “neutral” rating to a “sell” rating and set a $59.00 price target for the company. in a research report on Monday, January 8th. Finally, Zacks Investment Research downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd.

Shares of Interactive Brokers Group (IBKR) traded up $1.43 during trading hours on Friday, hitting $65.10. 1,067,870 shares of the company traded hands, compared to its average volume of 1,140,000. The stock has a market cap of $26,800.00, a P/E ratio of 60.28, a PEG ratio of 3.01 and a beta of 1.02. Interactive Brokers Group has a fifty-two week low of $33.01 and a fifty-two week high of $65.20.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.07. The business had revenue of $515.00 million during the quarter, compared to the consensus estimate of $398.05 million. Interactive Brokers Group had a net margin of 3.94% and a return on equity of 1.74%. The firm’s quarterly revenue was up 166.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 EPS. research analysts predict that Interactive Brokers Group will post 2.08 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Thursday, March 1st will be given a $0.10 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.61%. Interactive Brokers Group’s payout ratio is 37.04%.

In other Interactive Brokers Group news, insider Thomas Aj Frank sold 54,903 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $54.21, for a total value of $2,976,291.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Earl H. Nemser sold 1,290 shares of the stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $51.34, for a total transaction of $66,228.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 251,502 shares of company stock valued at $13,439,935. Insiders own 3.41% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Interactive Brokers Group by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 5,882,768 shares of the financial services provider’s stock worth $220,132,000 after buying an additional 60,630 shares in the last quarter. Bares Capital Management Inc. raised its holdings in shares of Interactive Brokers Group by 2.2% during the 3rd quarter. Bares Capital Management Inc. now owns 4,562,008 shares of the financial services provider’s stock valued at $205,473,000 after purchasing an additional 97,099 shares in the last quarter. TPG Group Holdings SBS Advisors Inc. raised its holdings in shares of Interactive Brokers Group by 7.4% during the 2nd quarter. TPG Group Holdings SBS Advisors Inc. now owns 2,344,251 shares of the financial services provider’s stock valued at $87,722,000 after purchasing an additional 162,435 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Interactive Brokers Group by 14.4% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,259,199 shares of the financial services provider’s stock valued at $101,754,000 after purchasing an additional 284,389 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Interactive Brokers Group by 5.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,111,835 shares of the financial services provider’s stock valued at $95,116,000 after purchasing an additional 114,869 shares in the last quarter. Institutional investors own 15.79% of the company’s stock.

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Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.

Analyst Recommendations for Interactive Brokers Group (NASDAQ:IBKR)

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