20,000 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Purchased by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. bought a new stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 20,000 shares of the financial services provider’s stock, valued at approximately $3,650,000. Interactive Brokers Group makes up 0.8% of Banco BTG Pactual S.A.’s investment portfolio, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Donoghue Forlines LLC acquired a new position in shares of Interactive Brokers Group in the fourth quarter worth approximately $2,088,000. Union Bancaire Privee UBP SA bought a new position in shares of Interactive Brokers Group during the fourth quarter valued at about $3,750,000. Friedenthal Financial bought a new position in Interactive Brokers Group in the 4th quarter valued at $775,000. New Millennium Group LLC bought a new position in shares of Interactive Brokers Group during the 4th quarter valued at approximately $2,319,000. Finally, Caldwell Investment Management Ltd. purchased a new stake in Interactive Brokers Group in the 4th quarter worth about $1,215,000. Institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Price Performance

Shares of NASDAQ:IBKR opened at $179.40 on Wednesday. The company has a market capitalization of $75.81 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.59 and a beta of 0.99. The firm’s 50 day simple moving average is $203.06 and its two-hundred day simple moving average is $177.87. Interactive Brokers Group, Inc. has a 1-year low of $103.69 and a 1-year high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.52 earnings per share. On average, sell-side analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is currently 14.16%.

Insider Buying and Selling

In other Interactive Brokers Group news, Director Jill Bright bought 135 shares of the business’s stock in a transaction on Friday, January 31st. The shares were acquired at an average price of $219.51 per share, with a total value of $29,633.85. Following the transaction, the director now owns 2,476 shares of the company’s stock, valued at approximately $543,506.76. This trade represents a 5.77 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.99% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on IBKR shares. UBS Group upped their price target on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Barclays boosted their price objective on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods raised 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 report on Monday, January 13th. Citigroup upped their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Piper Sandler restated an “overweight” rating and issued a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus target price of $204.13.

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.