Investment Technology Group Company Profile (NYSE:ITG)

Analyst Ratings

Consensus Ratings for Investment Technology Group (NYSE:ITG) (?)
Ratings Breakdown: 1 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $20.75 (16.51% upside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
Show:
DateFirmActionRatingPrice TargetActions
6/29/2016Credit Suisse Group AGReiterated RatingBuy$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$24.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/6/2015Barclays PLCBoost Price Target$16.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2015Evercore ISILower Price TargetBuy$24.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/17/2015Keefe, Bruyette & WoodsLower Price TargetOutperform$35.00 -> $32.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/30/2015Evercore Partners Inc.UpgradeHold -> Buy$24.00 -> $33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for Investment Technology Group (NYSE:ITG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016ListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2016Q116$0.04$0.05$123.45 million$124.66 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2016Q415($0.03)($0.07)$116.29 million$116.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q315($0.07)$0.12$117.99 million$120.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2015Q2$0.35$0.32$143.00 million$140.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q1$0.45$0.47$154.40 million$149.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2015Q414$0.38$0.36$149.80 million$149.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2014Q3$0.26$0.32$130.90 million$134.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2014Q214$0.29$0.35$131.40 million$138.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014Q114$0.32$0.37$142.12 million$137.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2014Q413$0.19$0.26$127.50 million$131.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$0.15$0.20$127.30 million$127.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.20$0.27$131.50 million$139.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2013Q1 2013$0.15$0.24$130.51 million$132.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2013Q4 2012$0.01$0.02$119.51 million$121.53 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2012Q312$0.01$120.37 million$119.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/9/2012$0.10$0.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$0.14$0.14ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/1/2012$0.12$0.07ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2011$0.24$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2011$0.13$0.14ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$0.23$0.23ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/3/2011$0.21$0.19ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Investment Technology Group (NYSE:ITG)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Investment Technology Group (NYSE:ITG)
Annual Dividend:$0.28
Dividend Yield:1.57%
Payout Ratio:13.33% (Based on Trailing 12 Months of Earnings)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Investment Technology Group (NYSE:ITG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/18/2016quarterly$0.071.54%5/26/20165/31/20166/14/2016Tweet This Announcement  Share This Announcement on StockTwits
2/29/2016quarterly$0.071.53%3/2/20163/4/20163/18/2016Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015quarterly$0.071.36%11/18/201511/20/201512/11/2015Tweet This Announcement  Share This Announcement on StockTwits
8/3/2015quarterly$0.078/19/20158/21/20159/10/2015Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015quarterly$0.070.97%5/13/20155/15/20156/5/2015Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Investment Technology Group (NYSE:ITG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/8/2016William S GeyerDirectorBuy900$16.77$15,093.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/17/2015Michael MarraleDirectorSell10,684$19.96$213,252.64View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/8/2015Angelo BuloneDirectorSell2,564$15.20$38,972.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/24/2015James P Selway IIIDirectorBuy1,250$15.70$19,625.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/21/2015James P Selway IIIDirectorBuy1,250$16.10$20,125.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2015R Jarrett LilienCEOBuy5,000$17.07$85,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2015T Kelley MilletDirectorBuy2,000$17.32$34,640.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/20/2015Robert J BoardmanCEOSell3,200$28.40$90,880.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/18/2015Robert J BoardmanCEOSell6,800$28.61$194,548.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/16/2015David MeitzDirectorSell10,000$27.41$274,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/16/2015P Mats GoebelsInsiderSell6,800$28.39$193,052.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/17/2015Robert C GasserCEOSell9,100$22.71$206,661.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/5/2015Peter A GoldsteinInsiderSell5,000$22.07$110,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/22/2014Peter A GoldsteinInsiderSell5,000$20.37$101,850.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/22/2014Robert C GasserCEOSell2,000$20.58$41,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2014Robert C GasserCEOSell5,000$19.93$99,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/4/2014James P Selway IIIDirectorSell1,900$20.23$38,437.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/25/2014David MeitzDirectorSell3,800$20.03$76,114.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/25/2014P Mats GoebelsInsiderSell3,600$20.01$72,036.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/20/2014David MeitzDirectorSell1,200$20.00$24,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2014P Mats GoebelsInsiderSell5,500$19.60$107,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/12/2014P Mats GoebelsInsiderSell5,000$17.17$85,850.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/20/2014Robert C GasserCEOSell15,000$17.48$262,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2014James Selway IIIDirectorSell1,560$18.02$28,111.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/20/2013Robert GasserCEOSell10,000$16.04$160,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/6/2013Peter A GoldsteinInsiderSell3,000$17.50$52,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2013Robert C GasserCEOSell17,500$17.28$302,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/4/2013Robert C GasserCEOSell12,500$17.02$212,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/20/2013David MeitzDirectorSell15,000$13.88$208,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/7/2013Robert C GasserCEOSell10,000$14.09$140,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/3/2013Robert C GasserCEOSell10,000$13.68$136,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/11/2013P Mats GoebelsInsiderSell4,900$12.27$60,123.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Investment Technology Group (NYSE:ITG)
DateHeadline
07/12/16 09:05 AMAlterna Legal Announces Appointment of Mats Goebels as Chief Executive Officer
07/12/16 09:05 AMMOVES-Robert Darling, Stephen Farrell join ITG's APAC team
07/11/16 03:15 PMITG to Announce Second Quarter 2016 Results - [GlobeNewswire] - NEW YORK, July 11, 2016-- ITG, a leading independent broker and financial technology provider, plans to announce second quarter 2016 financial results on Thursday, July 28, 2016, in a press release that ...
07/06/16 07:11 AMITG Launches Enhanced US Smart Order Router - [at noodls] - NEW YORK, July 06, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of a newly enhanced version of its smart order router. ...
07/05/16 12:02 PMETF’s with exposure to Investment Technology Group, Inc. : July 5, 2016 -
06/23/16 04:22 PMITG Agrees to Pay $5.25 Million to Ex-CEO Gasser in Settlement -
06/23/16 03:17 PMINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements -
06/23/16 07:37 AMITG Urges Judge To Toss Investors' Dark Pool Suit
06/15/16 04:45 PMITG U.S. Electronic Sales Head Leaves as Firm Reviews Structure
06/10/16 03:21 PMINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
05/24/16 07:16 AMITG Launches PowerMatch for POSIT Alert - [at noodls] - Investment Research Madison Avenue Letterhead NEW YORK, May 24, 2016 - ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of PowerMatch and PowerScore, ...
05/13/16 09:43 AMInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/11/16 04:00 PMLeucadia National Buys ITG Investment Research -
05/10/16 09:26 PMLeucadia National (LUK) Enters Agreement to Acquire ITG Investment Research - Leucadia National Corporation announced today that it has entered into a definitive agreement to acquire ITG Investment Research, LLC (formerly known as Majestic Research) from Investment Technology Group (“ITG”). Upon completion of the transaction ITG ...
05/10/16 04:19 PMLeucadia National To Acquire ITG Investment Research - Quick Facts - (RTTNews.com) - Leucadia National Corp. ( LUK) announced it has entered into a definitive agreement to acquire ITG Investment Research, LLC from Investment Technology Group for $12 million. Upon completion of the deal, ITG Investment Research will operate ...
05/10/16 04:03 PMINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Costs Associated with Exit or Disposal Activities, Change in Di -
05/10/16 02:24 AMBRIEF-Investment Technology Group April 2016 U.S. trading volume 2.7 bln shares - Says April 2016 u.s. trading volume was 2.7 bln shares and average daily volume (ADV) was 129 mln shares * Says average daily trading commissions in april in ITG's Canadian, European, Asia Pacific businesses were up about 1% on a combined basis vs Q1 ...
05/09/16 05:59 AMITG Releases April 2016 U.S. Trading Volumes - [GlobeNewswire] - NEW YORK, May 09, 2016-- ITG, a leading independent broker and financial technology provider, today announced that April 2016 U.S. trading volume was 2.7 billion shares and average daily volume was 129 ...
05/05/16 05:21 PMEdited Transcript of ITG earnings conference call or presentation 5-May-16 3:00pm GMT -
05/05/16 04:29 PMInvestment Technology : reports 1Q loss - NEW YORK (AP) _ Investment Technology Group Inc. (ITG) on Thursday reported a first-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier. The company, based in New York, said it had a loss of 8 cents per share.
05/05/16 10:00 AMInvestment Technology Group Inc Earnings Call scheduled for 11:00 am ET today -
05/05/16 09:27 AMINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statem -
05/05/16 08:45 AMInvestment Technology reports 1Q loss -
05/05/16 06:21 AMITG Reports First Quarter 2016 Results - [at noodls] - NEW YORK, May 05, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended March 31, 2016. ... This is an abstract ...
05/05/16 06:07 AMQ1 2016 Investment Technology Group Inc Earnings Release - Before Market Open -
05/05/16 06:01 AM7:01 am Investment Tech misses by $0.01, reports revs in-line -
05/04/16 02:27 AMITG Investors Look To Keep Trading-Platform Suit Alive - The shareholders, Metzler Investment GmbH, filed their opposition to Investment Technology Group’s motion to dismiss Monday. ITG and its former general counsel, Mats Goebels, filed separate motions to dismiss on Monday as well, according to court documents.
04/29/16 07:29 AMInvestment Technology Group, Inc. breached its 50 day moving average in a Bearish Manner : ITG-US : April 29, 2016 -
04/19/16 04:38 PMDeath of Controversial NYSE Rule Improved Trading, Broker Says - (Bloomberg) -- The New York Stock Exchange’s decision to phase out a rule blamed for spurring volatility during Aug. 24’s wild session has led to more orderly trading, according to an analyst at Investment Technology Group Inc. ITG examined NYSE’s ...
04/13/16 07:07 AMInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : April 13, 2016 -
04/13/16 05:57 AMMOVES-ITG appoints Saro Jahani head of technology architecture -
04/08/16 04:29 PMInvestment Technology Group (ITG) Highlighted As Weak On High Volume - Trade-Ideas LLC identified Investment Technology Group ( ITG) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Investment Technology Group as such a stock due to the following factors: ITG has ...
04/08/16 08:20 AMBRIEF-Investment Technology Group says March 2016 U.S. trading volume was 3.5 bln shares vs 3.4 bln in Feb - * March 2016 u.s. Trading volume was 3.5 billion shares versus 3.4 billion in Feb Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
04/08/16 07:44 AMInvestment Technology Group Reports YoY Drop In Monthly Trading Volume - Investment Technology Group (NYSE: ITG) reported a drop in its trading volume for the month of March. In a statement, the company said it recorded trading volume of 3.5 billion shares in March, down from 4.6 billion shares in the year-ago month. Similarly, the average daily ...Full story available on Benzinga.com
04/08/16 06:34 AMITG Releases March 2016 U.S. Trading Volumes - [at noodls] - NEW YORK, April 08, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that March 2016 U.S. trading volume was 3.5 billion shares and ...
04/07/16 04:40 PMBrokerage Stocks Under Considerable Selling Pressure - With the steep drop, the index has fallen to its lowest intraday level in almost a month. Investment Technology Group (ITG) is posting a notable loss after JPMorgan downgraded its rating on the company from Overweight to Neutral.
04/07/16 04:40 PMStocks Stuck Firmly In The Red After Early Decline - U.S. Commentary - With the steep drop, the index has fallen to its lowest intraday level in almost a month. Investment Technology Group ( ITG), Raymond James (RJF), and LPL Financial ( LPLA) are turning in some of the brokerage sector's worst performances. The decrease by ...
04/07/16 04:40 PMJPMorgan Downgrades ITG To Neutral, Sees Near-Term Activity Levels Weakening - Despite signs of slowing in Investment Technology Group (NYSE: ITG) trading volume and commissions, the stock has significantly appreciated so far in 2016. JPMorgan’s Kenneth B. Worthington downgraded the rating on the company from Overweight to Neutral ...
04/07/16 04:40 PMJPMorgan Downgrades ITG - Tesla Motors Inc. (TSLA) Thursday said it has received more than 325,000 orders for Model 3, its latest entry-level electric car aimed at the masses. Tesla noted that the more than 325,000 reservations implies about $14 billion in future sales, "making ...
04/07/16 04:12 PMITG to Announce First Quarter 2016 Results - [at noodls] - NEW YORK, April 7, 2016 - ITG (NYSE: ITG), a leading independent broker and financial technology provider, plans to announce first quarter 2016 financial results on Thursday, May 5, 2016, in a press release ...
04/07/16 11:20 AMWorst Performing Industries For April 7, 2016 - The Dow fell 0.90 percent to 17,556.31, while the NASDAQ composite index declined 1.23 percent to 4,860.42. The broader Standard & Poor's 500 index dropped 0.97 percent to 2,046.72. The worst performing industries in the market today are: Investment Brokerage - Regional: This industry slipped 3.9 percent by 11:00 am. The worst stock within the industry was Investment Technology Group (NYSE: ITG), which fell 6.2 percent. Investment Technology Group shares have declined 30.37 ...Full story available on Benzinga.com
04/07/16 05:09 AMInvestment Tech downgraded by JP Morgan -
03/30/16 08:07 AMMOVES- Standard Life, Marsh & McLennan, UBS -
03/30/16 07:28 AMMOVES-Andrew Larkin rejoins ITG as managing director - March 30 (Reuters) - Investment Technology Group Inc , a broker and financial technology provider, said Andrew Larkin would rejoin the firm on April 11 as managing director in charge of its POSIT...
03/30/16 07:21 AMITG Names Andrew Larkin to Lead POSIT Alert Coverage Team - [at noodls] - NEW YORK, March 30, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced Andrew J. Larkin will be rejoining the firm on April 11, 2016, ...
03/15/16 07:01 AMITG Names New Global Chief Compliance Officer - [GlobeNewswire] - NEW YORK, March 15, 2016-- ITG, a leading independent broker and financial technology provider, today announced Thomas D. Shpetner will be joining the firm as Global Chief Compliance Officer on April 12, ...
03/08/16 04:05 PMMid-Day ETF Update: ETFs, Stocks Mostly Lower on Downbeat China Data, Crude Oil Oversupply Woes - Daily Financial Bull 3X shares (FAS) was down 2.6% while its bearish counterpart, FAZ, was up 2.6%. Investment Technology Group (ITG) was down 1.2% after the financial technology provider said February trading volume in the U.S. fell to 3.4 billion shares ...
03/08/16 04:05 PMITG Adds Kevin Lynch to Board After Activist Investors’ Urging - (Bloomberg) -- Investment Technology Group Inc. has added money manager Kevin Lynch to its ... including a new chairman and chief executive officer -- in the aftermath of ITG’s $20.3 million penalty for alleged wrongdoing in its dark pool.
03/08/16 03:05 PMINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
03/08/16 12:04 PMINVESTMENT TECHNOLOGY GROUP, INC. Financials -

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About Investment Technology Group

Investment Technology Group logoInvestment Technology Group, Inc. is an independent broker and financial technology firm. The Company operates through four segments: United States Operations, Canadian Operations, European Operations and Asia Pacific Operations. These segments offer a range of solutions for asset managers and broker-dealers in the areas of electronic brokerage, which includes self-directed trading by clients using algorithms, smart routing and matching in cash equities, futures and options through the POSIT crossing network; research, sales and trading, which provides equity research, syndicated research products and custom analysis; platforms, which includes trade order and execution management software applications in addition to network connectivity, and analytics, which includes tools to construct and manage a portfolio, and securities valuation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - Regional
  • Sub-Industry: Investment Banking & Brokerage
  • Exchange: NYSE
  • Symbol: ITG
  • CUSIP: 46145F10
Key Metrics:
  • Previous Close: $17.81
  • 50 Day Moving Average: $16.99
  • 200 Day Moving Average: $18.43
  • P/E Ratio: 8.44
  • P/E Growth: 9.48
  • Market Cap: $591.43M
  • Beta: 1.44
Additional Links:
Investment Technology Group (NYSE:ITG) Chart for Sunday, July, 24, 2016