Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Sold by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc reduced its holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 75,911 shares of the financial services provider’s stock after selling 5,807 shares during the period. Interactive Brokers Group accounts for about 4.4% of O Brien Greene & Co. Inc’s portfolio, making the stock its 3rd largest holding. O Brien Greene & Co. Inc’s holdings in Interactive Brokers Group were worth $13,411,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its stake in shares of Interactive Brokers Group by 40.0% in the fourth quarter. Handelsbanken Fonder AB now owns 46,615 shares of the financial services provider’s stock valued at $8,235,000 after buying an additional 13,307 shares in the last quarter. Freedom Day Solutions LLC grew its position in shares of Interactive Brokers Group by 1.9% in the 4th quarter. Freedom Day Solutions LLC now owns 15,084 shares of the financial services provider’s stock valued at $2,665,000 after acquiring an additional 279 shares during the period. Global Retirement Partners LLC increased its stake in shares of Interactive Brokers Group by 804.1% during the 4th quarter. Global Retirement Partners LLC now owns 6,455 shares of the financial services provider’s stock worth $1,140,000 after purchasing an additional 5,741 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Interactive Brokers Group in the 4th quarter valued at about $1,125,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in Interactive Brokers Group in the 4th quarter valued at about $248,000. 23.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. UBS Group boosted their price target on Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Citigroup boosted their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Barclays raised their price target on Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods upped their price objective 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. Finally, Piper Sandler reissued an “overweight” rating and issued a $210.00 price objective (up from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $204.13.

Interactive Brokers Group Stock Performance

IBKR opened at $232.65 on Thursday. The stock has a fifty day moving average of $199.69 and a 200-day moving average of $166.23. The company has a market capitalization of $98.30 billion, a P/E ratio of 32.95, a P/E/G ratio of 1.66 and a beta of 0.89. Interactive Brokers Group, Inc. has a fifty-two week low of $102.27 and a fifty-two week high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.22. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. Interactive Brokers Group’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period last year, the firm earned $1.52 earnings per share. On average, equities research analysts predict that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.43%. Interactive Brokers Group’s payout ratio is 14.16%.

Insider Buying and Selling

In other news, Director Jill Bright bought 135 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of $219.51 per share, with a total value of $29,633.85. Following the acquisition, the director now directly owns 2,476 shares in the company, valued at $543,506.76. This represents a 5.77 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.21% of the stock is currently owned by company insiders.

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.