Interactive Brokers Group (NASDAQ:IBKR) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Interactive Brokers Group (NASDAQ:IBKR) from a hold rating to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. BMO Capital Markets raised their price objective on Interactive Brokers Group from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Piper Sandler set a $80.00 price target on shares of Interactive Brokers Group and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Barclays set a $83.00 price objective on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $91.00 target price on shares of Interactive Brokers Group in a report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Interactive Brokers Group currently has a consensus rating of “Buy” and a consensus price target of $76.39.

Interactive Brokers Group Stock Down 0.6%

IBKR traded down $0.45 during midday trading on Monday, hitting $75.03. The company had a trading volume of 1,244,605 shares, compared to its average volume of 5,313,255. Interactive Brokers Group has a 52 week low of $32.82 and a 52 week high of $78.80. The company has a market capitalization of $127.25 billion, a price-to-earnings ratio of 33.90, a PEG ratio of 2.11 and a beta of 1.24. The stock’s 50 day moving average price is $67.41 and its 200 day moving average price is $66.30.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.15. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Interactive Brokers Group had a net margin of 9.44% and a return on equity of 5.12%. The business’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.51 EPS. Research analysts predict that Interactive Brokers Group will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, February 27th. Interactive Brokers Group’s dividend payout ratio (DPR) is 14.48%.

Insider Transactions at Interactive Brokers Group

In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 145,000 shares of the company’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $77.85, for a total value of $11,288,250.00. Following the completion of the transaction, the insider owned 155,000 shares in the company, valued at $12,066,750. This represents a 48.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.97% of the stock is owned by company insiders.

Hedge Funds Weigh In On Interactive Brokers Group

A number of hedge funds and other institutional investors have recently made changes to their positions in IBKR. Murphy & Mullick Capital Management Corp bought a new stake in Interactive Brokers Group in the third quarter worth about $27,000. ORG Partners LLC increased its stake in shares of Interactive Brokers Group by 312.9% during the 2nd quarter. ORG Partners LLC now owns 479 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 363 shares during the last quarter. Huntington National Bank raised its holdings in shares of Interactive Brokers Group by 51.8% in the 2nd quarter. Huntington National Bank now owns 516 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 176 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in Interactive Brokers Group in the second quarter valued at approximately $32,000. Finally, Private Wealth Asset Management LLC grew its holdings in Interactive Brokers Group by 300.0% during the second quarter. Private Wealth Asset Management LLC now owns 580 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 435 shares during the period. 23.80% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Interactive Brokers Group

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Zacks and momentum screens are spotlighting IBKR — Zacks research has upgraded the name and published bullish write-ups highlighting recent attention and price strength, which can attract flows and retail interest. Interactive Brokers Group, Inc. (IBKR) is Attracting Investor Attention
• Positive Sentiment: Earnings momentum and estimate revisions are supporting the bull case — analysts have raised estimates after IBKR’s January quarter beat (EPS and revenue ahead), and Zacks flagged rising earnings estimates as a reason the stock could continue higher. Earnings Estimates Rising for Interactive Brokers (IBKR)
• Positive Sentiment: Analyst upgrades/price-target bumps provide support — several firms have reiterated overweight/outperform views and lifted targets recently, a technical tailwind for momentum investors (cited in recent MarketBeat coverage). Interactive Brokers (IBKR) is on the Move
• Neutral Sentiment: Dividend and strong longer-term metrics — the company recently announced a small quarterly dividend and continues to show revenue and account growth; these are steadying fundamentals but unlikely to drive large near-term moves. (Background MarketBeat coverage)
• Negative Sentiment: Large insider sales by Vice Chairman Earl Nemser are weighing on sentiment — Nemser sold sizable blocks (100k and 145k shares in late Jan.) in discretionary trades (not reported as 10b5-1), which markets typically interpret as a negative signal even if personal-liquidity reasons are possible. Vice Chairman Sells $7.68M in Stock
• Negative Sentiment: Insider-selling headlines have been amplified by coverage (MarketBeat, AmericanBankingNews), which can pressure short-term momentum even while fundamentals remain solid. Earl Nemser Sells 100,000 Shares

About Interactive Brokers Group

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.