First Affirmative Financial Network Makes New $210,000 Investment in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

First Affirmative Financial Network bought a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,188 shares of the financial services provider’s stock, valued at approximately $210,000.

Other institutional investors have also recently made changes to their positions in the company. Donoghue Forlines LLC purchased a new stake in Interactive Brokers Group during the fourth quarter valued at approximately $2,088,000. Aurora Investment Counsel bought a new position in shares of Interactive Brokers Group during the 3rd quarter valued at approximately $1,693,000. Union Bancaire Privee UBP SA bought a new position in shares of Interactive Brokers Group during the 4th quarter valued at approximately $3,750,000. Friedenthal Financial purchased a new stake in Interactive Brokers Group during the 4th quarter valued at $775,000. Finally, Versor Investments LP bought a new stake in Interactive Brokers Group in the third quarter worth $474,000. Institutional investors own 23.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group increased their target price on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Keefe, Bruyette & Woods increased their price objective on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. UBS Group boosted their target price on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday. Piper Sandler reiterated an “overweight” rating and issued a $210.00 price target (up from $200.00) on shares of Interactive Brokers Group in a report on Wednesday, January 22nd. Finally, Barclays boosted their price objective on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Interactive Brokers Group has an average rating of “Moderate Buy” and an average target price of $204.13.

Interactive Brokers Group Trading Up 3.7 %

Shares of IBKR stock opened at $219.17 on Friday. Interactive Brokers Group, Inc. has a twelve month low of $88.22 and a twelve month high of $221.09. The stock has a fifty day simple moving average of $187.97 and a two-hundred day simple moving average of $155.34. The stock has a market capitalization of $92.60 billion, a price-to-earnings ratio of 31.04, a P/E/G ratio of 1.49 and a beta of 0.87.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The company’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period last year, the firm earned $1.52 earnings per share. Research analysts predict that Interactive Brokers Group, Inc. will post 7.39 EPS for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s payout ratio is 14.16%.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.