Baader Bank Aktiengesellschaft Has $265,000 Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Baader Bank Aktiengesellschaft trimmed its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 49.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,500 shares of the financial services provider’s stock after selling 1,485 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Interactive Brokers Group were worth $265,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new stake in Interactive Brokers Group in the second quarter valued at $250,000. Creative Planning boosted its holdings in Interactive Brokers Group by 12.2% in the second quarter. Creative Planning now owns 7,768 shares of the financial services provider’s stock valued at $952,000 after acquiring an additional 845 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Interactive Brokers Group by 37.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,532 shares of the financial services provider’s stock valued at $188,000 after purchasing an additional 420 shares during the period. Cetera Investment Advisers raised its holdings in Interactive Brokers Group by 0.6% during the 2nd quarter. Cetera Investment Advisers now owns 42,307 shares of the financial services provider’s stock worth $5,187,000 after purchasing an additional 259 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Interactive Brokers Group in the 2nd quarter worth approximately $2,364,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Trading Up 3.7 %

IBKR opened at $219.17 on Friday. Interactive Brokers Group, Inc. has a 1-year low of $88.22 and a 1-year high of $221.09. The company has a market cap of $92.60 billion, a price-to-earnings ratio of 31.04, a PEG ratio of 1.49 and a beta of 0.87. The company’s fifty day moving average price is $187.97 and its two-hundred day moving average price is $155.34.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.22. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. Interactive Brokers Group’s quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.52 earnings per share. As a group, equities analysts forecast that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s payout ratio is currently 14.16%.

Analyst Ratings Changes

IBKR has been the topic of several recent analyst reports. Keefe, Bruyette & Woods boosted their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a report on Monday, January 13th. Jefferies Financial Group upped their target price on Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, October 4th. The Goldman Sachs Group lifted their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Citigroup increased their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, UBS Group lifted their price objective on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Interactive Brokers Group presently has an average rating of “Moderate Buy” and a consensus price target of $204.13.

Interactive Brokers Group 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.