Capitolis Liquid Global Markets LLC Makes New $7.91 Million Investment in Interactive Brokers Group, Inc. $IBKR

Key Points

• Capitolis Liquid Global Markets LLC opened a new position in Interactive Brokers (NASDAQ:IBKR), buying 115,000 shares worth about $7.91 million in the third quarter, per its 13F filing.
• Interactive Brokers reported better-than-expected Q results—EPS $0.65 vs. $0.50 consensus and revenue $1.64B vs. $1.58B—with revenue up 18.5% year-over-year.
• Company insiders have been net sellers: Vice Chairman Earl H. Nemser sold 60,200 shares (~$4.53M) on Jan. 27, and insiders sold about 400,000 shares (~$30.7M) in the last 90 days; insiders now own 2.97% of the stock.

Capitolis Liquid Global Markets LLC bought a new stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 115,000 shares of the financial services provider's stock, valued at approximately $7,913,000.

Several other institutional investors also recently made changes to their positions in the stock. Murphy & Mullick Capital Management Corp bought a new stake in shares of Interactive Brokers Group in the 3rd quarter worth approximately $27,000. N.E.W. Advisory Services LLC grew its stake in Interactive Brokers Group by 300.0% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 632 shares of the financial services provider's stock worth $35,000 after buying an additional 474 shares during the last quarter. Ramsey Quantitative Systems acquired a new stake in Interactive Brokers Group in the second quarter worth $44,000. Darwin Wealth Management LLC acquired a new stake in Interactive Brokers Group in the second quarter worth $45,000. Finally, SBI Securities Co. Ltd. lifted its stake in Interactive Brokers Group by 252.1% in the second quarter. SBI Securities Co. Ltd. now owns 1,000 shares of the financial services provider's stock valued at $55,000 after buying an additional 716 shares during the last quarter. 23.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Vice Chairman Earl H. Nemser sold 60,200 shares of the company's stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $75.30, for a total transaction of $4,533,060.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 400,000 shares of company stock worth $30,725,122 in the last ninety days. Company insiders own 2.97% of the company's stock.

Interactive Brokers Group Price Performance

Shares of NASDAQ:IBKR opened at $66.19 on Monday. The stock has a market cap of $112.27 billion, a price-to-earnings ratio of 29.88, a PEG ratio of 1.85 and a beta of 1.23. Interactive Brokers Group, Inc. has a 12 month low of $32.82 and a 12 month high of $79.18. The stock's 50 day moving average price is $72.65 and its 200 day moving average price is $68.38.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.15. Interactive Brokers Group had a return on equity of 5.12% and a net margin of 9.44%.The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company posted $0.51 EPS. The firm's quarterly revenue was up 18.5% on a year-over-year basis. On average, sell-side analysts expect that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.32 annualized dividend and a yield of 0.5%. Interactive Brokers Group's dividend payout ratio is currently 14.48%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Interactive Brokers Group in a research report on Monday, December 29th. Zacks Research lowered shares of Interactive Brokers Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 24th. Barclays set a $83.00 price target on Interactive Brokers Group and gave the company an "overweight" rating in a report on Wednesday, January 21st. Finally, BMO Capital Markets increased their price objective on Interactive Brokers Group from $80.00 to $82.00 and gave the stock an "outperform" rating in a report on Wednesday, January 21st. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $76.39.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc NASDAQ: IBKR is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.

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