23,042 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Acquired by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. acquired a new position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,042 shares of the financial services provider's stock, valued at approximately $1,910,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. purchased a new position in Interactive Brokers Group in the fourth quarter worth approximately $25,000. Eagle Bay Advisors LLC purchased a new position in Interactive Brokers Group in the 2nd quarter valued at about $31,000. Headlands Technologies LLC acquired a new position in shares of Interactive Brokers Group during the 3rd quarter valued at about $40,000. Atlas Capital Advisors LLC acquired a new position in shares of Interactive Brokers Group during the 1st quarter valued at about $40,000. Finally, Steward Partners Investment Advisory LLC increased its position in Interactive Brokers Group by 496.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 602 shares of the financial services provider's stock worth $44,000 after purchasing an additional 501 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Interactive Brokers Group

In other news, insider Thomas Aj Frank sold 12,917 shares of the firm's stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $88.68, for a total transaction of $1,145,479.56. Following the transaction, the insider now directly owns 497,368 shares of the company's stock, valued at $44,106,594.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Vice Chairman Earl H. Nemser sold 25,782 shares of the business's stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $95.71, for a total value of $2,467,595.22. Following the completion of the transaction, the insider now directly owns 208,770 shares in the company, valued at approximately $19,981,376.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thomas Aj Frank sold 12,917 shares of the business's stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $88.68, for a total transaction of $1,145,479.56. Following the completion of the transaction, the insider now owns 497,368 shares of the company's stock, valued at $44,106,594.24. The disclosure for this sale can be found here. Insiders have sold 454,989 shares of company stock worth $42,696,367 over the last 90 days. Corporate insiders own 3.21% of the company's stock.

Interactive Brokers Group Stock Performance

Shares of NASDAQ:IBKR traded down $1.77 during midday trading on Friday, reaching $110.39. The company's stock had a trading volume of 786,006 shares, compared to its average volume of 800,284. The firm has a market capitalization of $46.48 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 1.30 and a beta of 0.83. The firm has a 50 day moving average price of $107.32 and a two-hundred day moving average price of $92.11. Interactive Brokers Group, Inc. has a fifty-two week low of $70.83 and a fifty-two week high of $116.92.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last released its earnings results on Tuesday, January 16th. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.01). Interactive Brokers Group had a net margin of 7.72% and a return on equity of 4.66%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the company earned $1.30 earnings per share. The business's revenue was up 16.7% on a year-over-year basis. As a group, research analysts anticipate that Interactive Brokers Group, Inc. will post 6.24 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 1st were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. Interactive Brokers Group's dividend payout ratio (DPR) is presently 7.07%.

Analyst Ratings Changes

Several equities analysts have recently commented on IBKR shares. Piper Sandler increased their target price on Interactive Brokers Group from $105.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday. Citigroup raised their price objective on Interactive Brokers Group from $105.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday. The Goldman Sachs Group raised Interactive Brokers Group from a "neutral" rating to a "buy" rating and raised their price objective for the company from $88.00 to $102.00 in a research note on Tuesday, January 9th. UBS Group dropped their price target on Interactive Brokers Group from $108.00 to $104.00 and set a "buy" rating on the stock in a research report on Tuesday, January 9th. Finally, Barclays boosted their price objective on Interactive Brokers Group from $117.00 to $132.00 and gave the company an "overweight" rating in a research report on Monday, April 8th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Interactive Brokers Group presently has an average rating of "Moderate Buy" and a consensus price target of $118.13.

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.