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:
  • Market Cap: $662.26 million
  • Outstanding Shares: 33,146,000
Average Prices:
  • 50 Day Moving Avg: $20.02
  • 200 Day Moving Avg: $19.96
  • 52 Week Range: $15.04 - $21.28
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.17
  • P/E Growth: 0.19
Sales & Book Value:
  • Annual Revenue: $460.56 million
  • Price / Sales: 1.44
  • Book Value: $12.16 per share
  • Price / Book: 1.64
  • Annual Dividend: $0.28
  • Dividend Yield: 1.4%
  • Net Margins: -5.53%
  • Return on Equity: 0.86%
  • Return on Assets: 0.33%
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.62%
  • Average Volume: 161,203 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. Stockholders of record on Tuesday, May 30th will be paid a dividend of $0.07 per share on Thursday, June 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend 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) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.08. The firm had revenue of $120.80 million for the quarter, compared to analyst estimates of $120.10 million. Investment Technology Group had a positive return on equity of 0.86% and a negative net margin of 5.53%. Investment Technology Group's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.05 EPS. 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 analysts have issued 1 year price objectives for Investment Technology Group's shares. Their forecasts range from $17.00 to $20.00. On average, they expect Investment Technology Group's share price to reach $18.50 in the next twelve months. 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 many different of institutional and retail investors. Top institutional shareholders 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 acquired 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 $19.98.

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 (7.41% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
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 5/28/2015 forward)


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)


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


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
(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)


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



Investment Technology Group (ITG) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by Staff