Interactive Brokers Group (NASDAQ:IBKR) Stock Passes Above 200-Day Moving Average - Time to Sell?

Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $185.26 and traded as high as $207.15. Interactive Brokers Group shares last traded at $206.99, with a volume of 1,054,452 shares traded.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on IBKR. Barclays upped their price objective on shares of Interactive Brokers Group from $188.00 to $193.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 16th. Bank of America lowered their price target on Interactive Brokers Group from $265.00 to $243.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. The Goldman Sachs Group increased their target price on shares of Interactive Brokers Group from $212.00 to $240.00 and gave the stock a "buy" rating in a report on Thursday. UBS Group raised their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Finally, StockNews.com raised Interactive Brokers Group from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Interactive Brokers Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $213.50.

Interactive Brokers Group Stock Performance

The business's 50 day moving average is $172.14 and its two-hundred day moving average is $186.10. The firm has a market capitalization of $87.90 billion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.59 and a beta of 1.19.

Shares of Interactive Brokers Group are going to split on the morning of Wednesday, June 18th. The 4-1 split was announced on Tuesday, April 15th. The newly created shares will be payable to shareholders after the market closes on Tuesday, June 17th.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The financial services provider reported $1.88 EPS for the quarter, missing analysts' consensus estimates of $1.92 by ($0.04). The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. As a group, equities research analysts predict that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 30th. This is an increase from Interactive Brokers Group's previous dividend of $0.10. Interactive Brokers Group's dividend payout ratio (DPR) is 17.32%.

Hedge Funds Weigh In On Interactive Brokers Group

A number of institutional investors have recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC bought a new position in shares of Interactive Brokers Group in the first quarter worth approximately $26,000. SRH Advisors LLC bought a new stake in shares of Interactive Brokers Group during the 4th quarter worth $28,000. Blue Trust Inc. grew its position in Interactive Brokers Group by 90.7% in the fourth quarter. Blue Trust Inc. now owns 185 shares of the financial services provider's stock worth $33,000 after acquiring an additional 88 shares in the last quarter. Rialto Wealth Management LLC bought a new position in Interactive Brokers Group in the fourth quarter valued at $33,000. Finally, Aster Capital Management DIFC Ltd raised its position in Interactive Brokers Group by 39.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 186 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 53 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors.

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.