Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Acquired by Qsemble Capital Management LP

Qsemble Capital Management LP increased its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 23.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 10,448 shares of the financial services provider’s stock after acquiring an additional 1,989 shares during the period. Qsemble Capital Management LP’s holdings in Interactive Brokers Group were worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in IBKR. Prime Capital Investment Advisors LLC increased its stake in shares of Interactive Brokers Group by 3.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 2,746 shares of the financial services provider’s stock valued at $383,000 after acquiring an additional 97 shares during the period. Boston Financial Mangement LLC raised its stake in shares of Interactive Brokers Group by 5.4% in the 3rd quarter. Boston Financial Mangement LLC now owns 1,955 shares of the financial services provider’s stock worth $272,000 after buying an additional 100 shares in the last quarter. First Citizens Bank & Trust Co. lifted its holdings in shares of Interactive Brokers Group by 5.6% in the third quarter. First Citizens Bank & Trust Co. now owns 2,007 shares of the financial services provider’s stock valued at $280,000 after buying an additional 107 shares during the period. CIBC Asset Management Inc boosted its stake in Interactive Brokers Group by 3.6% during the third quarter. CIBC Asset Management Inc now owns 3,161 shares of the financial services provider’s stock valued at $441,000 after buying an additional 110 shares in the last quarter. Finally, Tortoise Investment Management LLC grew its holdings in Interactive Brokers Group by 76.6% during the second quarter. Tortoise Investment Management LLC now owns 256 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 111 shares during the period. 23.80% of the stock is owned by institutional investors and hedge funds.

Interactive Brokers Group Price Performance

Interactive Brokers Group stock opened at $190.98 on Tuesday. Interactive Brokers Group, Inc. has a one year low of $72.60 and a one year high of $193.42. The company has a market cap of $80.69 billion, a price-to-earnings ratio of 29.16, a P/E/G ratio of 1.50 and a beta of 0.79. The firm has a 50-day moving average of $155.31 and a 200-day moving average of $134.11.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $2.45 billion during the quarter, compared to analyst estimates of $1.32 billion. Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. During the same period in the prior year, the company earned $1.55 earnings per share. As a group, sell-side analysts expect that Interactive Brokers Group, Inc. will post 6.82 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Friday, November 29th. Interactive Brokers Group’s payout ratio is presently 15.27%.

Analyst Ratings Changes

IBKR has been the subject of several research reports. Piper Sandler restated an “overweight” rating and set a $163.00 price objective on shares of Interactive Brokers Group in a research report on Wednesday, October 16th. Barclays reduced their price target on shares of Interactive Brokers Group from $166.00 to $165.00 and set an “overweight” rating for the company in a research report on Wednesday, October 16th. UBS Group upped their price target on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group increased their price objective on Interactive Brokers Group from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, October 4th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Interactive Brokers Group currently has an average rating of “Moderate Buy” and an average target price of $143.00.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.