Interactive Brokers Group (NASDAQ:IBKR)‘s stock had its “buy” rating reissued by equities researchers at Sandler O’Neill in a research report issued to clients and investors on Friday.

Several other equities analysts also recently commented on IBKR. SunTrust Banks upped their price target on shares of Interactive Brokers Group to $48.00 and gave the company an “average” rating in a report on Wednesday, October 18th. BidaskClub downgraded shares of Interactive Brokers Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 16th. Zacks Investment Research downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Goldman Sachs Group downgraded shares of Interactive Brokers Group from a “neutral” rating to a “sell” rating and set a $59.00 price target on the stock. in a report on Monday, January 8th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $50.33.

Shares of Interactive Brokers Group (IBKR) opened at $65.39 on Friday. The stock has a market cap of $26,350.00, a PE ratio of 60.55, a PEG ratio of 3.22 and a beta of 1.05. Interactive Brokers Group has a 1 year low of $33.01 and a 1 year high of $67.42.

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

In other Interactive Brokers Group news, insider Thomas Aj Frank sold 54,903 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $54.21, for a total value of $2,976,291.63. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Vice Chairman Earl H. Nemser sold 32,000 shares of the company’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $62.80, for a total transaction of $2,009,600.00. The disclosure for this sale can be found here. Corporate insiders own 3.41% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake 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 acquiring an additional 60,630 shares in the last quarter. Bares Capital Management Inc. grew its stake in Interactive Brokers Group by 2.2% in the 3rd quarter. Bares Capital Management Inc. now owns 4,562,008 shares of the financial services provider’s stock worth $205,473,000 after acquiring an additional 97,099 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Interactive Brokers Group by 14.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,259,199 shares of the financial services provider’s stock worth $101,754,000 after acquiring an additional 284,389 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Interactive Brokers Group by 5.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,111,835 shares of the financial services provider’s stock worth $95,116,000 after acquiring an additional 114,869 shares in the last quarter. Finally, Ruane Cunniff & Goldfarb Inc. grew its stake in Interactive Brokers Group by 13.6% in the 3rd quarter. Ruane Cunniff & Goldfarb Inc. now owns 1,713,298 shares of the financial services provider’s stock worth $77,167,000 after acquiring an additional 204,865 shares in the last quarter. Institutional investors and hedge funds own 15.79% of the company’s stock.

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About Interactive Brokers Group

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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