Investment Technology Group Company Profile (NYSE:ITG)

About Investment Technology Group (NYSE:ITG)

Investment Technology Group logoInvestment Technology Group, Inc. (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics. Execution Services includes self-directed trading using algorithms, smart routing and matching through POSIT in cash equities, futures and options trading and portfolio trading and high-touch trading desks providing execution expertise. Workflow Technology includes trade order and execution management software applications in addition to network connectivity. Analytics includes tools enabling portfolio managers and traders to improve pre-trade, real-time and post-trade execution performance; portfolio construction and optimization decisions, and securities valuation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - Regional
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:ITG
  • CUSIP: 46145F10
  • Web: www.itg.com
Capitalization:
  • Market Cap: $664.25 million
  • Outstanding Shares: 33,146,000
Average Prices:
  • 50 Day Moving Avg: $20.03
  • 200 Day Moving Avg: $19.93
  • 52 Week Range: $15.04 - $21.28
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.21
  • P/E Growth: 0.20
Sales & Book Value:
  • Annual Revenue: $460.56 million
  • Price / Sales: 1.44
  • Book Value: $12.16 per share
  • Price / Book: 1.65
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 1.4%
Profitability:
  • Net Margins: -5.53%
  • Return on Equity: 0.86%
  • Return on Assets: 0.33%
Debt:
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.62%
Misc:
  • Average Volume: 164,119 shs.
  • Beta: 1.41
  • Short Ratio: 5.64
 

Frequently Asked Questions for Investment Technology Group (NYSE:ITG)

What is Investment Technology Group's stock symbol?

Investment Technology Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITG."

How often does Investment Technology Group pay dividends? What is the dividend yield for Investment Technology Group?

Investment Technology Group announced a quarterly dividend on Thursday, May 18th. Investors of record on Tuesday, May 30th will be given a dividend of $0.07 per share on Thursday, June 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Thursday, May 25th. View Investment Technology Group's Dividend History.

How were Investment Technology Group's earnings last quarter?

Investment Technology Group (NYSE:ITG) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.08. The firm earned $120.80 million during the quarter, compared to the consensus estimate of $120.10 million. Investment Technology Group had a positive return on equity of 0.86% and a negative net margin of 5.53%. The company's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.05 earnings per share. View Investment Technology Group's Earnings History.

Where is Investment Technology Group's stock going? Where will Investment Technology Group's stock price be in 2017?

2 brokers have issued 1 year price targets for Investment Technology Group's stock. Their predictions range from $17.00 to $20.00. On average, they expect Investment Technology Group's share price to reach $18.50 in the next year. View Analyst Ratings for Investment Technology Group.

Who are some of Investment Technology Group's key competitors?

Who owns Investment Technology Group stock?

Investment Technology Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (9.55%), Vanguard Group Inc. (8.52%), Frontier Capital Management Co. LLC (5.91%), Bank of New York Mellon Corp (5.74%), Dimensional Fund Advisors LP (4.61%) and Victory Capital Management Inc. (3.77%). Company insiders that own Investment Technology Group stock include Angelo Bulone, James P Selway III, Michael Marrale, R Jarrett Lilien, T Kelley Millet and William S Geyer. View Institutional Ownership Trends for Investment Technology Group.

Who sold Investment Technology Group stock? Who is selling Investment Technology Group stock?

Investment Technology Group's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Cornerstone Capital Management Holdings LLC., Shell Asset Management Co., Acadian Asset Management LLC, Morgan Stanley, Dimensional Fund Advisors LP and Sei Investments Co.. View Insider Buying and Selling for Investment Technology Group.

Who bought Investment Technology Group stock? Who is buying Investment Technology Group stock?

Investment Technology Group's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Vanguard Group Inc., JPMorgan Chase & Co., Renaissance Technologies LLC, Frontier Capital Management Co. LLC, Stifel Financial Corp, Highbridge Capital Management LLC and State Street Corp. Company insiders that have bought Investment Technology Group stock in the last two years include James P Selway III, R Jarrett Lilien, T Kelley Millet and William S Geyer. View Insider Buying and Selling for Investment Technology Group.

How do I buy Investment Technology Group stock?

Shares of Investment Technology Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Investment Technology Group stock cost?

One share of Investment Technology Group stock can currently be purchased for approximately $20.04.

Analyst Ratings

Consensus Ratings for Investment Technology Group (NYSE:ITG) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.50 (7.68% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/20/2016Credit Suisse Group AGInitiated CoverageOutperform$20.00N/AView Rating Details
7/29/2016JPMorgan Chase & Co.Lower Price TargetNeutral$18.00 -> $17.00N/AView Rating Details
11/6/2015Barclays PLCBoost Price Target$16.00 -> $23.00N/AView Rating Details
9/9/2015Evercore ISILower Price TargetBuy$24.00 -> $19.00N/AView Rating Details
6/17/2015Keefe, Bruyette & WoodsLower Price TargetOutperform$35.00 -> $32.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Investment Technology Group (NYSE:ITG)
Earnings by Quarter for Investment Technology Group (NYSE:ITG)
Earnings History by Quarter for Investment Technology Group (NYSE:ITG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.08$0.16$120.10 million$120.80 millionViewListenView Earnings Details
2/1/2017Q416$0.10$0.16$120.47 million$119.60 millionViewListenView Earnings Details
11/9/2016Q316($0.13)($0.08)$107.75 million$104.20 millionViewListenView Earnings Details
7/28/2016Q216($0.01)($0.02)$115.73 million$120.60 millionViewListenView Earnings Details
5/5/2016Q116$0.04$0.05$123.45 million$124.66 millionViewListenView Earnings Details
2/4/2016Q415($0.03)($0.07)$116.29 million$116.50 millionViewListenView Earnings Details
11/5/2015Q315($0.07)$0.12$117.99 million$120.40 millionViewListenView Earnings Details
8/3/2015Q2$0.35$0.32$143.00 million$140.50 millionViewListenView Earnings Details
4/30/2015Q1$0.45$0.47$154.40 million$149.70 millionViewListenView Earnings Details
1/29/2015Q414$0.38$0.40$149.80 million$149.00 millionViewListenView Earnings Details
11/3/2014Q3$0.26$0.25$130.90 million$134.80 millionViewListenView Earnings Details
7/31/2014Q214$0.30$0.35$131.40 million$138.50 millionViewListenView Earnings Details
5/1/2014Q114$0.32$0.37$142.12 million$137.60 millionViewN/AView Earnings Details
1/30/2014Q413$0.19$0.26$127.50 million$131.90 millionViewListenView Earnings Details
10/31/2013Q313$0.15$0.20$127.30 million$127.60 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.20$0.27$131.50 million$139.30 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.15$0.24$130.51 million$132.10 millionViewN/AView Earnings Details
1/31/2013Q4 2012$0.01$0.02$119.51 million$121.53 millionViewListenView Earnings Details
11/1/2012Q312$0.01$120.37 million$119.40 millionViewN/AView Earnings Details
8/9/2012$0.10$0.05ViewN/AView Earnings Details
5/3/2012$0.14$0.14ViewN/AView Earnings Details
2/1/2012$0.12$0.07ViewN/AView Earnings Details
11/3/2011$0.24$0.25ViewN/AView Earnings Details
8/4/2011$0.13$0.14ViewN/AView Earnings Details
5/5/2011$0.23$0.23ViewN/AView Earnings Details
2/3/2011$0.21$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Investment Technology Group (NYSE:ITG)
Current Year EPS Consensus Estimate: $0.70 EPS
Next Year EPS Consensus Estimate: $1.41 EPS

Dividends

Current Dividend Information for Investment Technology Group (NYSE:ITG)
Next Dividend:6/15/2017
Annual Dividend:$0.28
Dividend Yield:1.40%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-35.00% (Trailing 12 Months of Earnings)
40.00% (Based on This Year's Estimates)
19.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Investment Technology Group (NYSE:ITG)

Dividend History by Quarter for Investment Technology Group (NYSE:ITG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017quarterly$0.071.38%5/25/20175/30/20176/15/2017
2/16/2017quarterly$0.071.4%2/23/20172/27/20173/15/2017
11/17/2016quarterly$0.071.44%11/25/201611/29/201612/13/2016
8/10/2016quarterly$0.071.71%8/18/20168/22/20169/7/2016
5/18/2016quarterly$0.071.54%5/26/20165/31/20166/14/2016
2/29/2016quarterly$0.071.53%3/2/20163/4/20163/18/2016
11/5/2015quarterly$0.071.36%11/18/201511/20/201512/11/2015
8/3/2015quarterly$0.078/19/20158/21/20159/10/2015
4/30/2015quarterly$0.070.97%5/13/20155/15/20156/5/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Investment Technology Group (NYSE:ITG)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 88.36%
Insider Trades by Quarter for Investment Technology Group (NYSE:ITG)
Institutional Ownership by Quarter for Investment Technology Group (NYSE:ITG)
Insider Trades by Quarter for Investment Technology Group (NYSE:ITG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2016William S GeyerDirectorBuy900$16.77$15,093.00View SEC Filing  
11/17/2015Michael MarraleDirectorSell10,684$19.96$213,252.64View SEC Filing  
9/8/2015Angelo BuloneDirectorSell2,564$15.20$38,972.80View SEC Filing  
8/24/2015James P Selway IIIDirectorBuy1,250$15.70$19,625.00View SEC Filing  
8/21/2015James P Selway IIIDirectorBuy1,250$16.10$20,125.00View SEC Filing  
8/19/2015R Jarrett LilienCEOBuy5,000$17.07$85,350.00View SEC Filing  
8/19/2015T Kelley MilletDirectorBuy2,000$17.32$34,640.00View SEC Filing  
3/20/2015Robert J BoardmanCEOSell3,200$28.40$90,880.00View SEC Filing  
3/18/2015Robert J BoardmanCEOSell6,800$28.61$194,548.00View SEC Filing  
3/16/2015David MeitzDirectorSell10,000$27.41$274,100.00View SEC Filing  
3/16/2015P Mats GoebelsInsiderSell6,800$28.39$193,052.00View SEC Filing  
2/17/2015Robert C GasserCEOSell9,100$22.71$206,661.00View SEC Filing  
2/5/2015Peter A GoldsteinInsiderSell5,000$22.07$110,350.00View SEC Filing  
12/22/2014Peter A GoldsteinInsiderSell5,000$20.37$101,850.00View SEC Filing  
12/22/2014Robert C GasserCEOSell2,000$20.58$41,160.00View SEC Filing  
12/17/2014Robert C GasserCEOSell5,000$19.93$99,650.00View SEC Filing  
12/4/2014James P Selway IIIDirectorSell1,900$20.23$38,437.00View SEC Filing  
11/25/2014David MeitzDirectorSell3,800$20.03$76,114.00View SEC Filing  
11/25/2014P Mats GoebelsInsiderSell3,600$20.01$72,036.00View SEC Filing  
11/20/2014David MeitzDirectorSell1,200$20.00$24,000.00View SEC Filing  
11/18/2014P Mats GoebelsInsiderSell5,500$19.60$107,800.00View SEC Filing  
9/12/2014P Mats GoebelsInsiderSell5,000$17.17$85,850.00View SEC Filing  
8/20/2014Robert C GasserCEOSell15,000$17.48$262,200.00View SEC Filing  
3/7/2014James Selway IIIDirectorSell1,560$18.02$28,111.20View SEC Filing  
9/20/2013Robert GasserCEOSell10,000$16.04$160,400.00View SEC Filing  
9/6/2013Peter A GoldsteinInsiderSell3,000$17.50$52,500.00View SEC Filing  
9/5/2013Robert C GasserCEOSell17,500$17.28$302,400.00View SEC Filing  
9/4/2013Robert C GasserCEOSell12,500$17.02$212,750.00View SEC Filing  
6/20/2013David MeitzDirectorSell15,000$13.88$208,200.00View SEC Filing  
6/7/2013Robert C GasserCEOSell10,000$14.09$140,900.00View SEC Filing  
6/3/2013Robert C GasserCEOSell10,000$13.68$136,800.00View SEC Filing  
3/11/2013P Mats GoebelsInsiderSell4,900$12.27$60,123.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Investment Technology Group (NYSE:ITG)
Latest Headlines for Investment Technology Group (NYSE:ITG)
Source:
DateHeadline
finance.yahoo.com logoRobbins Arroyo LLP: Investment Technology Group, Inc. (ITG) Misled Shareholders According to Class Action
finance.yahoo.com - May 24 at 5:56 PM
finance.yahoo.com logoTrading Matters: New ITG Survey of Canadian Trading Professionals
finance.yahoo.com - May 24 at 11:26 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Announces Quarterly Dividend of $0.07
www.americanbankingnews.com - May 18 at 8:38 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Investment Technology Group, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - May 16 at 5:53 PM
finance.yahoo.com logoMOVES-ITG names new director in global portfolio trading team
finance.yahoo.com - May 16 at 10:58 AM
finance.yahoo.com logoMOVES-JPMorgan, ITG, Nomura Asset Management UK, Hamilton Lane
finance.yahoo.com - May 16 at 10:58 AM
finance.yahoo.com logoETFs with exposure to Investment Technology Group, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 6:35 PM
americanbankingnews.com logo Brokerages Expect Investment Technology Group (ITG) Will Post Earnings of $0.15 Per Share
www.americanbankingnews.com - May 10 at 8:24 PM
finance.yahoo.com logoInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 12:20 PM
finance.yahoo.com logoITG Releases April 2017 U.S. Trading Volume
finance.yahoo.com - May 8 at 8:01 AM
benzinga.com logoFintech's Challenge Moving Forward: Startup Survival
www.benzinga.com - May 5 at 11:00 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 5 at 12:46 AM
finance.yahoo.com logoEdited Transcript of ITG earnings conference call or presentation 3-May-17 12:00pm GMT
finance.yahoo.com - May 4 at 6:09 PM
reuters.com logoBRIEF-ITG Q1 gaap earnings per share $0.16
www.reuters.com - May 4 at 11:45 AM
rttnews.com logoEARNINGS SUMMARY: Details of Investment Technology Group Inc. Q1 Earnings Report
www.rttnews.com - May 4 at 11:45 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Earning Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - May 4 at 1:23 AM
finance.yahoo.com logoITG Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 10:33 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Issues Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 3 at 7:58 PM
marketbeat.com logoInvestment Technology posts 1Q profit
marketbeat.com - May 3 at 7:22 AM
americanbankingnews.com logoVery Favorable Press Coverage Unlikely to Affect Investment Technology Group (ITG) Share Price
www.americanbankingnews.com - April 28 at 8:06 AM
americanbankingnews.com logo$0.10 EPS Expected for Investment Technology Group (ITG) This Quarter
www.americanbankingnews.com - April 27 at 12:16 AM
reuters.com logoExclusive: ITG's Selway eyed to run markets division at U.S. SEC - sources
www.reuters.com - April 25 at 5:28 PM
finance.yahoo.com logoInvestment Technology Group's Selway Front Runner to Lead SEC Trading, Markets Unit
finance.yahoo.com - April 25 at 5:28 PM
finance.yahoo.com logoITG to Offer Conditional Orders for POSIT Alert in Europe
finance.yahoo.com - April 25 at 10:38 AM
finance.yahoo.com logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : April 25, 2017
finance.yahoo.com - April 25 at 10:38 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Receives Media Sentiment Rating of 0.52
www.americanbankingnews.com - April 25 at 10:07 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Earns Daily Media Impact Score of 0.22
www.americanbankingnews.com - April 21 at 10:10 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - April 20 at 12:04 AM
finance.yahoo.com logoShould You Get Rid of Investment Technology Group (ITG) Now?
finance.yahoo.com - April 18 at 10:57 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Getting Very Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 14 at 11:20 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - April 13 at 12:40 AM
finance.yahoo.com logoONEaccess and ITG Offer Investors an Integrated MiFID II Solution
finance.yahoo.com - April 12 at 8:59 AM
finance.yahoo.com logoITG Releases March 2017 U.S. Trading Volume
finance.yahoo.com - April 10 at 10:57 AM
finance.yahoo.com logoITG to Announce First Quarter 2017 Results
finance.yahoo.com - April 7 at 10:31 AM
seekingalpha.com logoInvestment Technology Group: A Profitable Investment In The Global Capital Markets
seekingalpha.com - March 27 at 10:52 AM
americanbankingnews.com logoZacks Investment Research Downgrades Investment Technology Group (ITG) to Hold
www.americanbankingnews.com - March 15 at 12:24 AM
finance.yahoo.com logoReinventing Algos: ITG Survey Finds Buyside Traders Seeking Custom Features and Increased Transparency
finance.yahoo.com - March 13 at 10:49 AM
finance.yahoo.com logoITG Releases February 2017 U.S. Trading Volume
au.finance.yahoo.com - March 8 at 6:46 PM
finance.yahoo.com logoINVESTMENT TECHNOLOGY GROUP, INC. Financials
finance.yahoo.com - March 7 at 5:45 PM
finance.yahoo.com logoITG Launches Turnkey Research Payment Account Solution
finance.yahoo.com - February 27 at 6:38 PM
biz.yahoo.com logoINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
biz.yahoo.com - February 27 at 6:38 PM
finance.yahoo.com logoITG Declares Quarterly Dividend
finance.yahoo.com - February 16 at 4:52 PM
finance.yahoo.com logoUpdate in Lawsuit for Certain Investors in Investment Technology Group (NYSE:ITG) Shares Announced by Shareholders Foundation
finance.yahoo.com - February 14 at 7:25 PM
finance.yahoo.com logoITG Releases January 2017 U.S. Trading Volume
finance.yahoo.com - February 8 at 6:45 PM
biz.yahoo.com logoINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 6:45 PM
seekingalpha.com logoInvestment Technology Group Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 3 at 4:43 AM
rttnews.com logoEARNINGS SUMMARY: Details of Investment Technology Group Inc. Q4 Earnings Report
www.rttnews.com - February 1 at 11:45 PM
seekingalpha.com logoInvestment Technology Group's (ITG) CEO Frank Troise On Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 1 at 11:45 PM
finance.yahoo.com logoEdited Transcript of ITG earnings conference call or presentation 1-Feb-17 1:00pm GMT
finance.yahoo.com - February 1 at 11:45 PM
biz.yahoo.com logoQ4 2016 Investment Technology Group Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 1 at 6:45 PM

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Chart

Investment Technology Group (ITG) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff