Janus Henderson Group PLC Has $5.75 Million Holdings in Interactive Brokers Group, Inc. $IBKR

Janus Henderson Group PLC grew its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 7.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,766 shares of the financial services provider’s stock after buying an additional 6,274 shares during the period. Janus Henderson Group PLC’s holdings in Interactive Brokers Group were worth $5,752,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IBKR. Strategic Investment Advisors MI raised its stake in Interactive Brokers Group by 48.9% during the first quarter. Strategic Investment Advisors MI now owns 13,349 shares of the financial services provider’s stock worth $896,000 after buying an additional 4,386 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Interactive Brokers Group in the first quarter worth approximately $351,000. Altshuler Shaham Ltd increased its stake in shares of Interactive Brokers Group by 80.8% in the 1st quarter. Altshuler Shaham Ltd now owns 28,933 shares of the financial services provider’s stock valued at $1,941,000 after acquiring an additional 12,933 shares in the last quarter. Smith Group Asset Management LLC grew its stake in shares of Interactive Brokers Group by 102.0% in the 1st quarter. Smith Group Asset Management LLC now owns 18,374 shares of the financial services provider’s stock valued at $1,232,000 after buying an additional 9,280 shares during the period. Finally, Amundi increased its holdings in shares of Interactive Brokers Group by 62.4% during the first quarter. Amundi now owns 2,433,236 shares of the financial services provider’s stock valued at $163,197,000 after acquiring an additional 934,843 shares in the last quarter. Institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Stock Performance

IBKR opened at $86.02 on Friday. The firm has a market cap of $145.92 billion, a P/E ratio of 34.41, a PEG ratio of 1.64 and a beta of 1.34. The firm has a 50-day moving average of $91.14 and a 200 day moving average of $80.58. Interactive Brokers Group, Inc. has a fifty-two week low of $58.95 and a fifty-two week high of $97.84.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.05. The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.80 billion. Interactive Brokers Group had a net margin of 9.94% and a return on equity of 5.37%. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.51 earnings per share. Equities research analysts predict that Interactive Brokers Group, Inc. will post 2.69 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.0875 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.35 annualized dividend and a dividend yield of 0.4%. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 14.00%.

Wall Street Analysts Forecast Growth

IBKR has been the topic of several recent research reports. Zacks Research raised shares of Interactive Brokers Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th. Piper Sandler set a $109.00 target price on shares of Interactive Brokers Group in a research note on Wednesday, July 22nd. Wolfe Research started coverage on shares of Interactive Brokers Group in a report on Monday, June 8th. They issued an “outperform” rating and a $101.00 target price for the company. Bank of America boosted their price target on shares of Interactive Brokers Group from $83.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group set a $98.00 price objective on shares of Interactive Brokers Group in a research report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $96.89.

Interactive Brokers Group Profile

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.