Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 11.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,708 shares of the financial services provider’s stock after acquiring an additional 2,180 shares during the quarter. Natixis Advisors LLC’s holdings in Interactive Brokers Group were worth $2,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Oliver Luxxe Assets LLC lifted its holdings in shares of Interactive Brokers Group by 1.8% during the 1st quarter. Oliver Luxxe Assets LLC now owns 7,047 shares of the financial services provider’s stock valued at $787,000 after acquiring an additional 126 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in Interactive Brokers Group by 2.8% in the 2nd quarter. QRG Capital Management Inc. now owns 4,859 shares of the financial services provider’s stock worth $596,000 after buying an additional 131 shares in the last quarter. Thrive Wealth Management LLC lifted its holdings in Interactive Brokers Group by 6.0% in the 2nd quarter. Thrive Wealth Management LLC now owns 2,333 shares of the financial services provider’s stock worth $286,000 after buying an additional 132 shares in the last quarter. MJP Associates Inc. ADV lifted its holdings in Interactive Brokers Group by 7.0% in the 2nd quarter. MJP Associates Inc. ADV now owns 2,875 shares of the financial services provider’s stock worth $353,000 after buying an additional 188 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in Interactive Brokers Group by 1.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,343 shares of the financial services provider’s stock worth $1,391,000 after buying an additional 188 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of Interactive Brokers Group stock opened at $124.22 on Tuesday. The firm has a market cap of $52.31 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.09 and a beta of 0.80. The firm’s 50-day simple moving average is $121.61 and its 200-day simple moving average is $118.37. Interactive Brokers Group, Inc. has a 1 year low of $72.60 and a 1 year high of $129.19.

Interactive Brokers Group (NASDAQ:IBKR) last issued its earnings results on Tuesday, July 16th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.02. Interactive Brokers Group had a net margin of 7.88% and a return on equity of 4.88%. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business posted $1.32 EPS. The company’s revenue for the quarter was up 21.2% on a year-over-year basis. On average, equities analysts predict that Interactive Brokers Group, Inc. will post 6.81 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Friday, August 30th. Interactive Brokers Group’s dividend payout ratio is presently 17.09%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group boosted their price objective on shares of Interactive Brokers Group from $138.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Barclays boosted their price objective on shares of Interactive Brokers Group from $145.00 to $147.00 and gave the stock an “overweight” rating in a report on Wednesday, July 17th. Keefe, Bruyette & Woods lowered shares of Interactive Brokers Group from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $128.00 to $135.00 in a report on Thursday, July 11th. Finally, UBS Group boosted their price objective on shares of Interactive Brokers Group from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Monday. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $133.44.

About Interactive Brokers Group

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.