LVW Advisors LLC Has $1.17 Million Stock Position in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

LVW Advisors LLC lowered its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 2.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,632 shares of the financial services provider’s stock after selling 158 shares during the period. LVW Advisors LLC’s holdings in Interactive Brokers Group were worth $1,172,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IBKR. Contravisory Investment Management Inc. bought a new stake in shares of Interactive Brokers Group during the 4th quarter worth approximately $25,000. Versant Capital Management Inc lifted its holdings in shares of Interactive Brokers Group by 66.4% during the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 71 shares during the period. UMB Bank n.a. lifted its holdings in shares of Interactive Brokers Group by 350.0% during the 3rd quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 224 shares during the period. Fortitude Family Office LLC lifted its holdings in shares of Interactive Brokers Group by 105.7% during the 4th quarter. Fortitude Family Office LLC now owns 288 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 148 shares during the period. Finally, Smithfield Trust Co lifted its holdings in shares of Interactive Brokers Group by 80.6% during the 3rd quarter. Smithfield Trust Co now owns 345 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 154 shares during the period. Institutional investors and hedge funds own 23.80% of the company’s stock.

Interactive Brokers Group Stock Up 1.0 %

IBKR opened at $190.09 on Monday. Interactive Brokers Group, Inc. has a twelve month low of $88.22 and a twelve month high of $193.42. The company has a fifty day moving average of $183.60 and a 200-day moving average of $150.51. The stock has a market cap of $80.32 billion, a PE ratio of 29.02, a price-to-earnings-growth ratio of 1.35 and a beta of 0.87.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Keefe, Bruyette & Woods upped their price target on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a report on Monday, January 13th. Piper Sandler increased their price objective on shares of Interactive Brokers Group from $163.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, January 7th. Barclays increased their price objective on shares of Interactive Brokers Group from $214.00 to $224.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. UBS Group increased their price objective on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, The Goldman Sachs Group increased their price objective on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. One 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, Interactive Brokers Group presently has an average rating of “Moderate Buy” and a consensus target price of $190.13.

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.