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 Banking
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:ITG
  • CUSIP: 46145F10
  • Web:
  • Market Cap: $743.81 million
  • Outstanding Shares: 33,147,000
Average Prices:
  • 50 Day Moving Avg: $21.52
  • 200 Day Moving Avg: $20.49
  • 52 Week Range: $15.04 - $22.43
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.79
  • P/E Growth: 0.21
Sales & Book Value:
  • Annual Revenue: $460.56 million
  • Price / Sales: 1.60
  • Book Value: $12.16 per share
  • Price / Book: 1.82
  • Annual Dividend: $0.28
  • Dividend Yield: 1.3%
  • Net Margins: -3.89%
  • Return on Equity: 1.73%
  • Return on Assets: 0.77%
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 1.46%
  • Quick Ratio: 1.45%
  • Average Volume: 142,443 shs.
  • Beta: 1.43
  • Short Ratio: 5.6
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. Shareholders 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 dividend on an annualized basis and a yield of 1.26%. 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, Inc. (NYSE:ITG) announced its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.08. The firm earned $120.80 million during the quarter, compared to analysts' expectations of $120.10 million. Investment Technology Group had a negative net margin of 3.89% and a positive return on equity of 1.73%. Investment Technology Group's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous 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 targets for Investment Technology Group's stock. Their predictions range from $17.00 to $20.00. On average, they expect Investment Technology Group's stock 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 are Investment Technology Group's key executives?

Investment Technology Group's management team includes the folowing people:

  • Minder Cheng, Independent Chairman of the Board
  • Francis J. Troise, President, Chief Executive Officer, Director
  • Steven R. Vigliotti, Chief Financial Officer, Chief Administrative Officer, Managing Director
  • Robert J. Boardman, Managing Director and Chief Executive Officer of ITG's European Operations
  • Michael Corcoran, Managing Director and Chief Executive Officer of ITG's Asia Pacific Operations
  • Etienne Phaneuf, Managing Director and Chief Executive Officer of ITG's Canadian Operations
  • Angelique F.M. DeSanto, General Counsel, Managing Director, Corporate Secretary
  • Peter A. Goldstein, Managing Director, Global Head - Human Resources
  • Brian Pomraning, Managing Director and Global Head - Product Management
  • James P. Selway III, Managing Director and Head of U.S. Execution Services

Who owns Investment Technology Group stock?

Investment Technology Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.15%), Shell Asset Management Co. (0.13%), Alpha Windward LLC (0.07%), Louisiana State Employees Retirement System (0.04%), Public Employees Retirement Association of Colorado (0.04%) and Capstone Asset Management Co. (0.03%). 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 Municipal Employees Retirement System of Michigan, Capstone Asset Management Co. and Louisiana State Employees Retirement System. 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 Alpha Windward LLC, Russell Investments Group Ltd. and State of Alaska Department of Revenue. 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.

What is Investment Technology Group's stock price today?

One share of Investment Technology Group stock can currently be purchased for approximately $22.18.

MarketBeat Community Rating for Investment Technology Group (NYSE ITG)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  231
MarketBeat's community ratings are surveys of what our community members think about Investment Technology Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Investment Technology Group (NYSE:ITG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.50 (16.59% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/20/2016Credit Suisse GroupInitiated CoverageOutperform$20.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoLower 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
(Data available from 7/27/2015 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: $0.83 EPS
Next Year EPS Consensus Estimate: $1.5 EPS


Current Dividend Information for Investment Technology Group (NYSE:ITG)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.28
Dividend Yield:1.26%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-50.00% (Trailing 12 Months of Earnings)
33.73% (Based on This Year's Estimates)
18.67% (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: 87.20%
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 Rolls Out New Triton Features Ahead of MiFID II - July 25 at 12:28 AM logoInvestment Technology Group, Inc. (NYSE:ITG) Receives Average Rating of "Hold" from Brokerages - July 24 at 7:16 PM logoZacks Investment Research Lowers Investment Technology Group, Inc. (ITG) to Hold - July 19 at 12:52 AM logoInvestment Technology Group, Inc. (ITG) Lifted to "Strong-Buy" at Zacks Investment Research - July 18 at 12:26 AM logoITG Launches Fixed Income TCA - July 17 at 8:14 AM logoITG to Announce Second Quarter 2017 Results - July 14 at 4:33 AM logoITG Releases June 2017 U.S. Trading Volume - July 12 at 12:08 AM logoMOVES-Michael Onofrio joins ITG's U.S. electronic coverage team - July 6 at 6:46 AM logoZacks: Brokerages Expect Investment Technology Group, Inc. (ITG) to Announce $0.19 EPS - June 30 at 2:07 PM logoInvestment Technology Group, Inc. (ITG) Lowered to Hold at Zacks Investment Research - June 27 at 11:28 PM logoYieldBoost ITG To 11.5% Using Options - June 22 at 11:11 PM logoCritical Review: Piper Jaffray Companies (PJC) and Investment Technology Group (ITG) - June 12 at 10:48 AM logoITG Releases May 2017 U.S. Trading Volume - June 7 at 10:01 AM logo Brokerages Expect Investment Technology Group (ITG) to Post $0.19 Earnings Per Share - June 6 at 12:36 PM logoInvestment Technology Group (ITG) Raised to Hold at ValuEngine - June 4 at 10:38 AM 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



Investment Technology Group (ITG) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff