Interactive Brokers Group, Inc. (NASDAQ:IBKR) CAO Denis Mendonca sold 1,156 shares of Interactive Brokers Group stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $49.50, for a total transaction of $57,222.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Interactive Brokers Group, Inc. (NASDAQ IBKR) traded up 2.35% during mid-day trading on Monday, hitting $50.55. 816,565 shares of the stock traded hands. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 43.47 and a beta of 0.96. The stock’s 50 day moving average is $45.03 and its 200-day moving average is $39.22. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $50.73.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.05. The company had revenue of $426.00 million for the quarter, compared to analyst estimates of $382.85 million. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. Interactive Brokers Group’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same quarter last year, the business earned $0.30 EPS. On average, equities research analysts anticipate that Interactive Brokers Group, Inc. will post $1.63 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Friday, December 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.81%. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 34.48%.

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Several research firms have recently commented on IBKR. SunTrust Banks, Inc. lifted their price target on shares of Interactive Brokers Group to $48.00 and gave the company an “average” rating in a research report on Wednesday, October 18th. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research report on Tuesday, September 19th. BidaskClub raised shares of Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. Finally, Rosenblatt Securities began coverage on shares of Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Interactive Brokers Group presently has a consensus rating of “Hold” and an average price target of $41.67.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio boosted its holdings in shares of Interactive Brokers Group by 17.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 29,342 shares of the financial services provider’s stock valued at $1,098,000 after purchasing an additional 4,260 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in shares of Interactive Brokers Group in the 2nd quarter valued at $550,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Interactive Brokers Group by 27.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 647 shares during the last quarter. Shelton Capital Management acquired a new position in shares of Interactive Brokers Group in the 2nd quarter valued at $253,000. Finally, Western Standard LLC boosted its holdings in shares of Interactive Brokers Group by 0.7% in the 2nd quarter. Western Standard LLC now owns 75,600 shares of the financial services provider’s stock valued at $2,829,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 15.01% 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.

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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