6 days Ago By ABMN Staff
Franklin Resources Inc. increased its holdings in Interactive Brokers Group, Inc. ( NASDAQ:IBKR – Free Report ) by 512.
5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,556 shares of the financial services provider’s stock after buying an additional 7,159 shares during the period. Franklin Resources Inc.
’s holdings in Interactive Brokers Group were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors have also made changes to their positions in IBKR. KG&L Capital Management LLC increased its stake in Interactive Brokers Group by 2.
5% during the 4th quarter. KG&L Capital Management LLC now owns 2,425 shares of the financial services provider’s stock worth $428,000 after acquiring an additional 60 shares during the period. Versant Capital Management Inc increased its position in shares of Interactive Brokers Group by 66.
4% in 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. Lebenthal Global Advisors LLC raised its stake in Interactive Brokers Group by 1.
1% in the fourth quarter. Lebenthal Global Advisors LLC now owns 7,187 shares of the financial services provider’s stock valued at $1,270,000 after purchasing an additional 78 shares in the last quarter. Koshinski Asset Management Inc.
lifted its position in Interactive Brokers Group by 3.7% during the fourth quarter. Koshinski Asset Management Inc.
now owns 2,252 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 81 shares during the period. Finally, Blue Trust Inc. grew its stake in 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 buying an additional 88 shares in the last quarter.
23.80% of the stock is currently owned by institutional investors. Interactive Brokers Group Stock Up 1.
0 % Shares of IBKR stock opened at $172.99 on Tuesday. Interactive Brokers Group, Inc.
has a twelve month low of $103.69 and a twelve month high of $236.53.
The stock’s fifty day simple moving average is $188.91 and its 200 day simple moving average is $181.21.
The firm has a market capitalization of $73.10 billion, a P/E ratio of 24.50, a P/E/G ratio of 1.
59 and a beta of 1.02. Interactive Brokers Group Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th.
Stockholders of record on Friday, February 28th were paid a dividend of $0.25 per share. This represents a $1.
00 annualized dividend and a dividend yield of 0.58%. The ex-dividend date was Friday, February 28th.
Interactive Brokers Group’s payout ratio is currently 14.16%. Analyst Upgrades and Downgrades IBKR has been the subject of several analyst reports.
Barclays dropped their target price on shares of Interactive Brokers Group from $231.00 to $188.00 and set an “overweight” rating for the company in a research report on Monday, April 7th.
UBS Group upped 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.
Piper Sandler decreased their price target on Interactive Brokers Group from $210.00 to $192.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th.
Citigroup lowered their price target on Interactive Brokers Group from $242.00 to $215.00 and set a “buy” rating for the company in a report on Wednesday, April 2nd.
Finally, Keefe, Bruyette & Woods raised their price objective on Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research note on Monday, January 13th.
Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $195.88.
View Our Latest Research Report on Interactive Brokers Group Insider Transactions at Interactive Brokers Group In related news, Director Jill Bright bought 135 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of $219.51 per share, with a total value of $29,633.
85. Following the transaction, the director now directly owns 2,476 shares in the company, valued at approximately $543,506.76.
This trade represents a 5.77 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website .
2.99% of the stock is owned by company insiders. About Interactive Brokers Group ( Free Report ) 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. See Also Want to see what other hedge funds are holding IBKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Interactive Brokers Group, Inc.
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