Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,607 shares of Interactive Brokers Group stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $40.52, for a total value of $65,115.64. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Interactive Brokers Group, Inc. (IBKR) traded down 0.10% during midday trading on Tuesday, hitting $40.33. The stock had a trading volume of 248,055 shares. The company’s 50-day moving average price is $38.13 and its 200 day moving average price is $36.63. The company has a market capitalization of $2.79 billion, a PE ratio of 39.38 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $41.00.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.05. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The company had revenue of $387 million for the quarter, compared to the consensus estimate of $377.65 million. During the same period in the prior year, the business earned $0.40 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts expect that Interactive Brokers Group, Inc. will post $1.51 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.99%. Interactive Brokers Group’s dividend payout ratio is presently 38.84%.

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Several equities analysts recently commented on IBKR shares. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Keefe, Bruyette & Woods restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research report on Friday, June 30th. Rosenblatt Securities started coverage on Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price for the company. BidaskClub downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, ValuEngine upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $39.17.

Several hedge funds have recently modified their holdings of IBKR. Advisory Services Network LLC purchased a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $203,000. Wells Fargo & Company MN increased its stake in shares of Interactive Brokers Group by 36.4% in the first quarter. Wells Fargo & Company MN now owns 387,990 shares of the financial services provider’s stock valued at $13,471,000 after buying an additional 103,560 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Interactive Brokers Group by 33.2% in the first quarter. Russell Investments Group Ltd. now owns 197,710 shares of the financial services provider’s stock valued at $6,865,000 after buying an additional 49,231 shares in the last quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV purchased a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $521,000. Finally, Clear Harbor Asset Management LLC increased its stake in shares of Interactive Brokers Group by 42.5% in the first quarter. Clear Harbor Asset Management LLC now owns 15,080 shares of the financial services provider’s stock valued at $524,000 after buying an additional 4,500 shares in the last quarter. Institutional investors own 14.25% 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 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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