Interactive Brokers Group, Inc. $IBKR is Cantillon Capital Management LLC’s 5th Largest Position

Cantillon Capital Management LLC boosted its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,759,904 shares of the financial services provider’s stock after acquiring an additional 95,878 shares during the quarter. Interactive Brokers Group accounts for approximately 4.4% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. Cantillon Capital Management LLC’s holdings in Interactive Brokers Group were worth $820,589,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC boosted its holdings in Interactive Brokers Group by 1.3% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 11,483 shares of the financial services provider’s stock valued at $738,000 after acquiring an additional 143 shares during the period. Caitlin John LLC boosted its holdings in Interactive Brokers Group by 0.6% during the 3rd quarter. Caitlin John LLC now owns 25,195 shares of the financial services provider’s stock valued at $1,734,000 after acquiring an additional 153 shares during the period. S&CO Inc. boosted its holdings in Interactive Brokers Group by 0.3% during the 4th quarter. S&CO Inc. now owns 63,080 shares of the financial services provider’s stock valued at $4,056,000 after acquiring an additional 160 shares during the period. Thrive Wealth Management LLC boosted its holdings in Interactive Brokers Group by 1.8% during the 4th quarter. Thrive Wealth Management LLC now owns 9,112 shares of the financial services provider’s stock valued at $586,000 after acquiring an additional 162 shares during the period. Finally, Fifth Third Wealth Advisors LLC boosted its holdings in Interactive Brokers Group by 2.0% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 8,287 shares of the financial services provider’s stock valued at $533,000 after acquiring an additional 165 shares during the period. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on IBKR. Jefferies Financial Group decreased their price objective on Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Keefe, Bruyette & Woods began coverage on Interactive Brokers Group in a research note on Wednesday, April 8th. They issued a “market perform” rating and a $75.00 price objective for the company. Barclays lifted their price objective on Interactive Brokers Group from $85.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Zacks Research cut Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, BMO Capital Markets lifted their price objective on Interactive Brokers Group from $80.00 to $93.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Interactive Brokers Group has an average rating of “Moderate Buy” and a consensus target price of $83.25.

Insider Buying and Selling

In other Interactive Brokers Group news, Director Lawrence E. Harris sold 26,000 shares of Interactive Brokers Group stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $76.93, for a total transaction of $2,000,180.00. Following the transaction, the director owned 173,482 shares of the company’s stock, valued at $13,345,970.26. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.80% of the stock is currently owned by company insiders.

Interactive Brokers Group Price Performance

IBKR stock opened at $84.40 on Monday. The business has a 50 day moving average price of $79.02 and a 200 day moving average price of $72.65. The stock has a market cap of $143.17 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.33 and a beta of 1.32. Interactive Brokers Group, Inc. has a fifty-two week low of $49.15 and a fifty-two week high of $91.02.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.03. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Interactive Brokers Group had a return on equity of 5.19% and a net margin of 9.65%.The firm’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 earnings per share. As a group, sell-side analysts anticipate that Interactive Brokers Group, Inc. will post 2.46 EPS for the current year.

Interactive Brokers Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be given a dividend of $0.0875 per share. This represents a $0.35 annualized dividend and a yield of 0.4%. This is a positive change from Interactive Brokers Group’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Monday, June 1st. Interactive Brokers Group’s dividend payout ratio is presently 15.09%.

About Interactive Brokers Group

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.