Leuthold Group LLC Has $324,000 Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Leuthold Group LLC decreased its holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,835 shares of the financial services provider’s stock after selling 46 shares during the period. Leuthold Group LLC’s holdings in Interactive Brokers Group were worth $324,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Contravisory Investment Management Inc. bought a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $25,000. SRH Advisors LLC bought a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc increased its stake in shares of Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 71 shares during the period. Blue Trust Inc. increased its stake in shares of Interactive Brokers Group by 90.7% during the fourth quarter. Blue Trust Inc. now owns 185 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 88 shares during the period. Finally, Harbor Investment Advisory LLC increased its stake in shares of Interactive Brokers Group by 100.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 200 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 100 shares during the period. Institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Price Performance

Interactive Brokers Group stock opened at $218.68 on Friday. The stock’s fifty day moving average price is $201.39 and its two-hundred day moving average price is $167.81. The firm has a market cap of $92.40 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 1.59 and a beta of 0.89. Interactive Brokers Group, Inc. has a one year low of $103.69 and a one year high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The company’s revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.52 EPS. Sell-side analysts expect that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Announces Dividend

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

Insider Activity at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average price 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. The trade was a 5.77 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 3.21% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

IBKR has been the topic of a number of recent research reports. Citigroup increased their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Keefe, Bruyette & Woods increased their target price on Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a research note on Monday, January 13th. The Goldman Sachs Group increased their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Piper Sandler reiterated an “overweight” rating and set a $210.00 target price (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Finally, UBS Group increased their target price on Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Interactive Brokers Group presently has an average rating of “Moderate Buy” and a consensus price target of $204.13.

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.