Interactive Brokers Group Inc. (IBKR) Set to Announce Earnings on Tuesday
Interactive Brokers Group Inc. (NASDAQ:IBKR) will be releasing its Q316 earnings data on Tuesday, October 18th.
Shares of Interactive Brokers Group Inc. (NASDAQ:IBKR) opened at 35.92 on Monday. Interactive Brokers Group Inc. has a 52-week low of $29.50 and a 52-week high of $44.85. The stock has a 50 day moving average of $35.86 and a 200-day moving average of $36.82. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 23.80 and a beta of 0.93.
Separately, Zacks Investment Research raised Interactive Brokers Group from a “strong sell” rating to a “hold” rating in a report on Monday, July 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $40.58.
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A number of hedge funds have recently made changes to their positions in IBKR. Pacad Investment Ltd. purchased a new stake in shares of Interactive Brokers Group during the second quarter worth approximately $358,000. State of Wisconsin Investment Board raised its stake in shares of Interactive Brokers Group by 3.0% in the second quarter. State of Wisconsin Investment Board now owns 41,196 shares of the company’s stock worth $1,458,000 after buying an additional 1,200 shares during the last quarter. Cipher Capital LP raised its stake in shares of Interactive Brokers Group by 65.3% in the second quarter. Cipher Capital LP now owns 57,092 shares of the company’s stock worth $2,021,000 after buying an additional 22,560 shares during the last quarter. OMERS ADMINISTRATION Corp raised its stake in shares of Interactive Brokers Group by 25.7% in the second quarter. OMERS ADMINISTRATION Corp now owns 61,100 shares of the company’s stock worth $2,163,000 after buying an additional 12,500 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Interactive Brokers Group by 3.5% in the second quarter. Sei Investments Co. now owns 21,223 shares of the company’s stock worth $751,000 after buying an additional 708 shares during the last quarter. Hedge funds and other institutional investors own 84.67% of the company’s stock.
Interactive Brokers Group Company 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 100 electronic exchanges and trading venues around the world.
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