UBS Asset Management Americas Inc. grew its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,638 shares of the financial services provider’s stock after acquiring an additional 7,591 shares during the quarter. UBS Asset Management Americas Inc.’s holdings in Interactive Brokers Group were worth $3,709,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in IBKR. The Manufacturers Life Insurance Company boosted its position in Interactive Brokers Group by 27.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 647 shares during the last quarter. Toronto Dominion Bank acquired a new position in Interactive Brokers Group during the 4th quarter worth approximately $118,000. FNY Partners Fund LP acquired a new position in Interactive Brokers Group during the 4th quarter worth approximately $177,000. LS Investment Advisors LLC boosted its position in Interactive Brokers Group by 34.3% during the 4th quarter. LS Investment Advisors LLC now owns 3,300 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 843 shares during the last quarter. Finally, Advisor Partners LLC acquired a new position in Interactive Brokers Group during the 4th quarter worth approximately $206,000. 15.90% of the stock is owned by hedge funds and other institutional investors.
In other news, Vice Chairman Earl H. Nemser sold 32,000 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $62.80, for a total transaction of $2,009,600.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.98% of the company’s stock.
Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at $72.46 on Wednesday. Interactive Brokers Group, Inc. has a 12 month low of $33.01 and a 12 month high of $74.11. The stock has a market capitalization of $30,186.43, a P/E ratio of 67.72, a PEG ratio of 3.49 and a beta of 0.93.
Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Interactive Brokers Group had a return on equity of 1.74% and a net margin of 3.94%. The company had revenue of $515.00 million for the quarter, compared to analysts’ expectations of $398.05 million. During the same quarter in the prior year, the business posted $0.07 EPS. The business’s revenue was up 166.8% compared to the same quarter last year. equities analysts expect that Interactive Brokers Group, Inc. will post 2.1 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 14th. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Wednesday, February 28th. Interactive Brokers Group’s dividend payout ratio is currently 37.38%.
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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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