Investment Technology Group Company Profile (NYSE:ITG)

About Investment Technology Group

Investment Technology Group logoInvestment Technology Group, Inc. is an independent broker and financial technology firm. The Company operates through four segments: United States Operations, Canadian Operations, European Operations and Asia Pacific Operations. These segments offer a range of solutions for asset managers and broker-dealers in the areas of electronic brokerage, which includes self-directed trading by clients using algorithms, smart routing and matching in cash equities, futures and options through the POSIT crossing network; research, sales and trading, which provides equity research, syndicated research products and custom analysis; platforms, which includes trade order and execution management software applications in addition to network connectivity, and analytics, which includes tools to construct and manage a portfolio, and securities valuation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - Regional
  • Sub-Industry: Investment Banking & Brokerage
  • Exchange: NYSE
  • Symbol: ITG
  • CUSIP: 46145F10
Key Metrics:
  • Previous Close: $19.99
  • 50 Day Moving Average: $20.31
  • 200 Day Moving Average: $18.08
  • 52-Week Range: $15.04 - $22.92
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.33
  • P/E Growth: 3.64
  • Market Cap: $652.19M
  • Outstanding Shares: 32,626,000
  • Beta: 1.41
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%
Additional Links:
Companies Related to Investment Technology Group:

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 (7.78% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
Show:
DateFirmActionRatingPrice TargetDetails
11/20/2016Credit Suisse GroupInitiated CoverageOutperform$20.00View Rating Details
7/29/2016J P Morgan Chase & CoLower Price TargetNeutral$18.00 -> $17.00View Rating Details
11/6/2015Barclays PLCBoost Price Target$16.00 -> $23.00View Rating Details
9/9/2015Evercore ISILower Price TargetBuy$24.00 -> $19.00View Rating Details
6/17/2015Keefe, Bruyette & WoodsLower Price TargetOutperform$35.00 -> $32.00View Rating Details
3/30/2015Evercore Partners Inc.UpgradeHold -> Buy$24.00 -> $33.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Investment Technology Group (NYSE:ITG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/1/2017Q416$0.10$0.16$120.47 million$119.60 millionViewListenView Earnings Details
11/9/2016Q316($0.11)($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$0.36$149.80 million$149.00 millionViewListenView Earnings Details
11/3/2014Q3$0.26$0.32$130.90 million$134.80 millionViewListenView Earnings Details
7/31/2014Q214$0.29$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: $0.61 EPS
Next Year EPS Consensus Estimate: $1.40 EPS

Dividends

Current Dividend Information for Investment Technology Group (NYSE:ITG)
Annual Dividend:$0.28
Dividend Yield:1.40%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-35.00% (Based on Trailing 12 Months of Earnings)
45.90% (Based on Current Year Consensus EPS Estimate)
20.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Investment Technology Group (NYSE:ITG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Investment Technology Group (NYSE:ITG)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 88.36%
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

Latest Headlines for Investment Technology Group (NYSE:ITG)
DateHeadline
finance.yahoo.com logoITG Declares Quarterly Dividend (NYSE:ITG)
finance.yahoo.com - February 16 at 4:52 PM
capitalcube.com logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : February 14, 2017 (NYSE:ITG)
www.capitalcube.com - February 14 at 7:25 PM
finance.yahoo.com logoUpdate in Lawsuit for Certain Investors in Investment Technology Group (NYSE:ITG) Shares Announced by Shareholders Foundation (NYSE:ITG)
finance.yahoo.com - February 14 at 7:25 PM
marketexclusive.com logoINVESTMENT TECHNOLOGY GROUP,INC. (NYSE:ITG) Files An 8-K Other Events (NYSE:ITG)
marketexclusive.com - February 8 at 6:45 PM
finance.yahoo.com logoITG Releases January 2017 U.S. Trading Volume (NYSE:ITG)
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 (NYSE:ITG)
biz.yahoo.com - February 8 at 6:45 PM
News IconNYSE:ITG Investor Alert: Investigation over potential Wrongdoing at Investment Technology Group (NYSE:ITG)
www.groundreport.com - February 7 at 7:17 PM
capitalcube.com logoInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 (NYSE:ITG)
www.capitalcube.com - February 7 at 7:17 PM
seekingalpha.com logoInvestment Technology Group Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:ITG)
seekingalpha.com - February 3 at 4:43 AM
capitalcube.com logoInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 (NYSE:ITG)
www.capitalcube.com - February 2 at 6:42 PM
rttnews.com logoEARNINGS SUMMARY: Details of Investment Technology Group Inc. Q4 Earnings Report (NYSE:ITG)
www.rttnews.com - February 1 at 11:45 PM
marketexclusive.com logoINVESTMENT TECHNOLOGY GROUP,INC. (NYSE:ITG) Files An 8-K Entry into a Material Definitive Agreement (NYSE:ITG)
marketexclusive.com - February 1 at 11:45 PM
seekingalpha.com logoInvestment Technology Group's (ITG) CEO Frank Troise On Q4 2016 Results - Earnings Call Transcript (NYSE:ITG)
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 (NYSE:ITG)
finance.yahoo.com - February 1 at 11:45 PM
biz.yahoo.com logoQ4 2016 Investment Technology Group Inc Earnings Release - Before Market Open (NYSE:ITG)
us.rd.yahoo.com - February 1 at 6:45 PM
capitalcube.com logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : February 1, 2017 (NYSE:ITG)
us.rd.yahoo.com - February 1 at 6:45 PM
sg.finance.yahoo.com logoInvestment Technology posts 4Q profit (NYSE:ITG)
sg.finance.yahoo.com - February 1 at 6:45 PM
biz.yahoo.com logoInvestment Technology Group Inc Earnings Call scheduled for 8:00 am ET today (NYSE:ITG)
biz.yahoo.com - February 1 at 6:45 PM
feeds.benzinga.com logoITG Reports Fourth Quarter 2016 Results (NYSE:ITG)
feeds.benzinga.com - February 1 at 7:44 AM
biz.yahoo.com logoInvestment Technology Group Inc Earnings Call (Q4 2016) (NYSE:ITG)
biz.yahoo.com - January 31 at 11:48 PM
biz.yahoo.com logoINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements (NYSE:ITG)
biz.yahoo.com - January 26 at 7:44 PM
4-traders.com logoInvestment Technology : ITG Launches POSIT & POSIT Alert for Thailand (NYSE:ITG)
www.4-traders.com - January 24 at 11:46 PM
finance.yahoo.com logoITG Launches POSIT & POSIT Alert for Thailand (NYSE:ITG)
finance.yahoo.com - January 24 at 11:46 PM
feeds.benzinga.com logoUpdate in Lawsuit for Investors in shares of Investment Technology Group (NYSE:ITG) announced by Shareholders Foundation (NYSE:ITG)
feeds.benzinga.com - January 24 at 10:54 AM
capitalcube.com logoInvestment Technology Group, Inc. : ITG-US: Dividend Analysis : November 29th, 2016 (record date) : By the numbers : January 23, 2017 (NYSE:ITG)
www.capitalcube.com - January 23 at 6:19 PM
finance.yahoo.com logoShould Investment Technology Group (ITG) Be On Your Radar Now? (NYSE:ITG)
finance.yahoo.com - January 20 at 4:08 PM
4-traders.com logoInvestigation for Investors Who Lost Money from Their Investment in Shares of Investment Technology Group (NYSE:ITG) (NYSE:ITG)
www.4-traders.com - January 20 at 5:50 AM
seekingalpha.com logoADR Scandal: Massive SEC Fines Are Coming Wall Street's Way (NYSE:ITG)
seekingalpha.com - January 17 at 11:02 PM
finance.yahoo.com logoITG to Announce Fourth Quarter 2016 Results (NYSE:ITG)
finance.yahoo.com - January 17 at 6:01 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Investment Technology Group, Inc. (NYSE:ITG) - Wall Street Beacon (NYSE:ITG)
wsbeacon.com - January 16 at 8:47 AM
News IconHot Stocks to Watch in the U.S. and Canada (NYSE:ITG)
ih.advfn.com - January 13 at 7:15 PM
law360.com logoITG Pays $24M To SEC Over Handling Of Foreign Shares (NYSE:ITG)
www.law360.com - January 12 at 6:28 PM
wsj.com logoITG Agrees to Pay $24 Million in SEC Settlement (NYSE:ITG)
www.wsj.com - January 12 at 6:28 PM
biz.yahoo.com logoINVESTMENT TECHNOLOGY GROUP, INC. Files SEC form 8-K, Other Events (NYSE:ITG)
biz.yahoo.com - January 12 at 6:27 PM
wsj.com logo[$$] Brokerage Firm ITG Agrees to Pay $24 Million in SEC Settlement (NYSE:ITG)
www.wsj.com - January 12 at 6:27 PM
globenewswire.com logoITG Releases December 2016 U.S. Trading Volume - GlobeNewswire (press release) (NYSE:ITG)
globenewswire.com - January 11 at 8:00 AM
News IconInvestment Technology Group Valuation – Initial Coverage $ITG (NYSE:ITG)
www.moderngraham.com - January 10 at 6:53 PM
us.rd.yahoo.com logoITG Releases December 2016 U.S. Trading Volume (NYSE:ITG)
us.rd.yahoo.com - January 10 at 6:53 PM
us.rd.yahoo.com logo7:00 am Investment Tech reports December 2016 trading volume was 3.1 bln shares, -6% Y/Y, and ADV was 150 mln shares, -6% Y/Y (NYSE:ITG)
us.rd.yahoo.com - January 10 at 6:53 PM
News IconVC Score Review for Investment Technology Group, Inc. (NYSE:ITG) - Wall Street Beacon (NYSE:ITG)
wsbeacon.com - January 9 at 3:49 AM
ft.com logo[$$] Smaller companies fear threat from new financial regulation (NYSE:ITG)
www.ft.com - January 8 at 5:47 PM
finance.yahoo.com logoMiFID II Not Just for EU: New Buyside Survey Finds North American Asset Managers Adapting to Coming Regulation Shift (NYSE:ITG)
finance.yahoo.com - January 5 at 7:17 PM
News IconInvestment Technology Group (NYSE:ITG) Investor Investigation over potential Wrongdoing (NYSE:ITG)
satprnews.com - January 4 at 6:51 PM
News IconNYSE:ITG Shareholder Notice: Investigation over potential Wrongdoing at Investment Technology Group (NYSE:ITG)
www.groundreport.com - December 23 at 6:15 PM
finance.yahoo.com logoInvestment Technology Group (ITG): Moving Average Crossover Alert (NYSE:ITG)
finance.yahoo.com - December 22 at 6:17 PM
News IconThe Weekly Wrap: Bain Capital, KKR and KSL, Newell Brands (NYSE:ITG)
www.themiddlemarket.com - December 16 at 6:34 PM
News IconHedge Funds Are Crazy About Investment Technology Group (ITG) (NYSE:ITG)
feedproxy.google.com - December 15 at 2:00 PM
News IconInvestigation for Long-Term Investors in Shares of Investment Technology Group (NYSE:ITG) Announced (NYSE:ITG)
www.ssuchronicle.com - December 12 at 6:08 PM
finance.yahoo.com logoITG Releases November 2016 U.S. Trading Volume (NYSE:ITG)
finance.yahoo.com - December 8 at 10:30 AM
finance.yahoo.com logo7:00 am Investment Tech announces that consolidated U.S. market share increased in November as trading volume rose to 3.3 bln shares and average daily volume was 159 mln (NYSE:ITG)
finance.yahoo.com - December 8 at 10:30 AM

Social

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 declared a quarterly dividend on Thursday, February 16th. Shareholders of record on Monday, February 27th will be paid a dividend of $0.07 per share on Wednesday, March 15th. This represents a $0.28 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Thursday, February 23rd.

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

2 brokerages have issued 12-month price targets for Investment Technology Group's shares. Their predictions range from $17.00 to $20.00. On average, they anticipate Investment Technology Group's share price to reach $18.50 in the next twelve months.

When will Investment Technology Group announce their earnings?

Investment Technology Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

Who owns Investment Technology Group stock?

Investment Technology Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (5.85%), Dimensional Fund Advisors LP (4.80%), FMR LLC (2.72%), Franklin Resources Inc. (2.37%), State Street Corp (2.28%) and New York State Teachers Retirement System (0.35%). Company insiders that own Investment Technology Group stock include Angelo Bulone, David Meitz, James P Selway III, Michael Marrale, P Mats Goebels, R Jarrett Lilien, Robert J Boardman, T Kelley Millet and William S Geyer.

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 Renaissance Technologies LLC, Franklin Resources Inc., AQR Capital Management LLC, Dimensional Fund Advisors LP, O Shaughnessy Asset Management LLC, New York State Teachers Retirement System and Public Sector Pension Investment Board.

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 FMR LLC, Frontier Capital Management Co. LLC, Guggenheim Capital LLC, Russell Investments Group Ltd., Dynamic Technology Lab Private Ltd, State Street Corp, Trexquant Investment LP and Ellington Management Group LLC. 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.

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 $20.06.

Investment Technology Group (NYSE:ITG) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Investment Technology Group (NYSE:ITG)

Earnings History Chart

Earnings by Quarter for Investment Technology Group (NYSE:ITG)

Dividend History Chart

Dividend Payments by Quarter for Investment Technology Group (NYSE:ITG)

Last Updated on 2/23/2017 by MarketBeat.com Staff