Interactive Brokers Group, Inc. (IBKR) Position Maintained by Royce & Associates LP

Royce & Associates LP held its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,600 shares of the financial services provider’s stock at the end of the 2nd quarter. Royce & Associates LP’s holdings in Interactive Brokers Group were worth $846,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in IBKR. Teachers Advisors LLC boosted its position in shares of Interactive Brokers Group by 7.9% during the 4th quarter. Teachers Advisors LLC now owns 66,885 shares of the financial services provider’s stock valued at $2,442,000 after purchasing an additional 4,914 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Interactive Brokers Group by 33.2% during the 1st quarter. Russell Investments Group Ltd. now owns 197,710 shares of the financial services provider’s stock valued at $6,865,000 after purchasing an additional 49,231 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Interactive Brokers Group by 36.4% during the 1st quarter. Wells Fargo & Company MN now owns 387,990 shares of the financial services provider’s stock valued at $13,471,000 after purchasing an additional 103,560 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Interactive Brokers Group by 6.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 94,759 shares of the financial services provider’s stock valued at $3,289,000 after purchasing an additional 5,966 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Interactive Brokers Group by 253.9% during the 1st quarter. First Trust Advisors LP now owns 182,167 shares of the financial services provider’s stock valued at $6,325,000 after purchasing an additional 130,686 shares in the last quarter. Institutional investors own 15.01% of the company’s stock.

In other news, CFO Paul Jonathan Brody sold 11,310 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $40.42, for a total value of $457,150.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas Aj Frank sold 25,098 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $42.09, for a total value of $1,056,374.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 470,090 shares of company stock worth $19,432,114. Insiders own 3.41% of the company’s stock.

Interactive Brokers Group, Inc. (IBKR) opened at 41.88 on Friday. Interactive Brokers Group, Inc. has a one year low of $31.97 and a one year high of $42.74. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 40.90 and a beta of 0.94. The firm has a 50-day moving average price of $41.26 and a 200 day moving average price of $37.40.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.05). The firm had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The business’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 earnings per share. Equities analysts expect that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 0.96%. Interactive Brokers Group’s payout ratio is 38.84%.

Several equities research analysts recently commented on the company. BidaskClub upgraded Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. Rosenblatt Securities began coverage on Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price on the stock. ValuEngine upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Zacks Investment Research lowered Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a report on Friday, June 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a strong buy rating to the company’s stock. Interactive Brokers Group currently has a consensus rating of “Hold” and a consensus price target of $39.17.

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Interactive Brokers Group 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.

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Institutional Ownership by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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