Advisor OS LLC Sells 2,574 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Advisor OS LLC trimmed its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 33.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,054 shares of the financial services provider’s stock after selling 2,574 shares during the quarter. Advisor OS LLC’s holdings in Interactive Brokers Group were worth $893,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Donoghue Forlines LLC bought a new stake in Interactive Brokers Group during the 4th quarter worth $2,088,000. Aurora Investment Counsel bought a new position in Interactive Brokers Group in the 3rd quarter valued at approximately $1,693,000. Union Bancaire Privee UBP SA acquired a new stake in Interactive Brokers Group during the 4th quarter worth approximately $3,750,000. New Millennium Group LLC acquired a new stake in Interactive Brokers Group during the 4th quarter worth approximately $2,319,000. Finally, Friedenthal Financial bought a new stake in Interactive Brokers Group during the 4th quarter worth approximately $775,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Interactive Brokers Group

In related news, Director Jill Bright purchased 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 owns 2,476 shares of the company’s stock, valued at $543,506.76. This represents a 5.77 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.21% of the stock is owned by insiders.

Interactive Brokers Group Price Performance

IBKR stock opened at $206.55 on Thursday. The company’s 50-day moving average is $203.17 and its 200-day moving average is $169.75. The stock has a market capitalization of $87.27 billion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 1.59 and a beta of 0.89. Interactive Brokers Group, Inc. has a 1 year low of $103.69 and a 1 year high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 5.00% and a net margin of 9.25%. The company’s quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. On average, analysts anticipate that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio (DPR) is 14.16%.

Analyst Ratings Changes

IBKR has been the subject of several analyst reports. The Goldman Sachs Group raised their price target 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. Barclays raised their price objective on Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their target price 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. Citigroup lifted their price objective on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, UBS Group upped their target price on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, January 27th. One investment 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 a consensus rating of “Moderate Buy” and an average target price of $204.13.

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.