GSA Capital Partners LLP Has $1.47 Million Stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

GSA Capital Partners LLP grew its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 16.1% during the third quarter, HoldingsChannel.com reports. The firm owned 10,560 shares of the financial services provider’s stock after buying an additional 1,463 shares during the quarter. GSA Capital Partners LLP’s holdings in Interactive Brokers Group were worth $1,472,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. acquired a new position in Interactive Brokers Group during the 1st quarter worth approximately $327,000. QRG Capital Management Inc. grew its position in Interactive Brokers Group by 12.5% in the first quarter. QRG Capital Management Inc. now owns 4,728 shares of the financial services provider’s stock valued at $528,000 after purchasing an additional 525 shares in the last quarter. Avantax Advisory Services Inc. acquired a new stake in Interactive Brokers Group in the 1st quarter valued at $236,000. Koshinski Asset Management Inc. bought a new stake in Interactive Brokers Group during the 1st quarter worth about $370,000. Finally, State Board of Administration of Florida Retirement System boosted its stake in shares of Interactive Brokers Group by 1.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 96,395 shares of the financial services provider’s stock worth $10,768,000 after buying an additional 1,164 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

Interactive Brokers Group Price Performance

NASDAQ:IBKR opened at $178.65 on Thursday. The company has a market cap of $75.23 billion, a P/E ratio of 27.27, a P/E/G ratio of 1.41 and a beta of 0.79. The firm’s fifty day moving average price is $145.50 and its two-hundred day moving average price is $130.24. Interactive Brokers Group, Inc. has a one year low of $72.60 and a one year high of $181.21.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results 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 company 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 quarter last year, the company posted $1.55 EPS. As a group, equities research analysts expect that Interactive Brokers Group, Inc. will post 6.82 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.56%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 15.27%.

Analyst Ratings Changes

A number of analysts recently issued reports on IBKR shares. Piper Sandler reaffirmed an “overweight” rating and issued a $163.00 target price on shares of Interactive Brokers Group in a research report on Wednesday, October 16th. UBS Group upped their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Jefferies Financial Group raised their target price on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Finally, Barclays lowered their target price on shares of Interactive Brokers Group from $166.00 to $165.00 and set an “overweight” rating on the stock in a report on Wednesday, October 16th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $143.00.

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.