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: $690.68 million
  • Outstanding Shares: 33,126,000
Average Prices:
  • 50 Day Moving Avg: $20.34
  • 200 Day Moving Avg: $20.55
  • 52 Week Range: $15.04 - $22.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.82
  • P/E Growth: 0.28
Sales & Book Value:
  • Annual Revenue: $464.03 million
  • Price / Sales: 1.49
  • Book Value: $12.51 per share
  • Price / Book: 1.67
  • Annual Dividend: $0.28
  • Dividend Yield: 1.4%
  • Net Margins: -1.77%
  • Return on Equity: 3.08%
  • Return on Assets: 1.42%
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 1.42%
  • Quick Ratio: 1.41%
  • Average Volume: 152,673 shs.
  • Beta: 1.46

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 declared a quarterly dividend on Thursday, August 10th. Shareholders of record on Tuesday, August 22nd will be paid a dividend of $0.07 per share on Friday, September 15th. This represents a $0.28 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, August 18th. View Investment Technology Group's Dividend History.

How were Investment Technology Group's earnings last quarter?

Investment Technology Group, Inc. (NYSE:ITG) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.04. The business earned $121.60 million during the quarter, compared to analyst estimates of $124 million. Investment Technology Group had a positive return on equity of 3.08% and a negative net margin of 1.77%. The firm's revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. View Investment Technology Group's Earnings History.

When will Investment Technology Group make its next earnings announcement?

Investment Technology Group is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Investment Technology Group.

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

2 brokers have issued 12 month price targets for Investment Technology Group's shares. Their forecasts range from $20.00 to $21.00. On average, they expect Investment Technology Group's share price to reach $20.50 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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.72%), Frontier Capital Management Co. LLC (5.93%), Bank of New York Mellon Corp (5.58%), Dimensional Fund Advisors LP (4.74%), Victory Capital Management Inc. (3.57%) and FMR LLC (3.18%). Company insiders that own Investment Technology Group stock include Michael Marrale 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 Victory Capital Management Inc., Bank of New York Mellon Corp, Westpac Banking Corp, QS Investors LLC, River & Mercantile Asset Management LLP, Cramer Rosenthal Mcglynn LLC, Dynamic Technology Lab Private Ltd and Citigroup Inc.. 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, Penn Capital Management Co. Inc., AJO LP, Vanguard Group Inc., Pinebridge Investments L.P., Dimensional Fund Advisors LP, Los Angeles Capital Management & Equity Research Inc. and Ameriprise Financial Inc.. 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 $20.85.

MarketBeat Community Rating for Investment Technology Group (NYSE ITG)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  267
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: $20.50 (1.68% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017Rosenblatt SecuritiesInitiated CoverageNeutral -> Neutral$21.00LowView Rating Details
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
(Data available from 9/24/2015 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
11/7/2017$0.16N/AView Earnings Details
8/2/2017Q2 2017$0.18$0.14$124.00 million$121.60 millionViewListenView Earnings Details
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: $0.49 EPS
Next Year EPS Consensus Estimate: $1.17 EPS


Current Dividend Information for Investment Technology Group (NYSE:ITG)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.28
Dividend Yield:1.34%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-107.69% (Trailing 12 Months of Earnings)
57.14% (Based on This Year's Estimates)
23.93% (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: 87.64%
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 Announces Partnership to Form Matrix Holding Group - September 22 at 1:40 PM logoHead to Head Contrast: Investment Technology Group (ITG) & FBR & Co (FBRC) - September 20 at 2:08 AM logoComparing PJT Partners (PJT) & Investment Technology Group (ITG) - September 14 at 6:06 PM logoInvestment Technology Group, Inc. (ITG) Receives Average Recommendation of "Hold" from Brokerages - September 12 at 1:16 PM logoRosenblatt Securities Initiates Coverage on Investment Technology Group, Inc. (ITG) - September 12 at 10:48 AM logoITG Releases August 2017 U.S. Trading Volume - September 11 at 8:55 PM logoHead-To-Head Survey: Investment Technology Group (ITG) and PJT Partners (PJT) - September 10 at 8:52 AM logoITG Executive Jamie Selway Withdraws as Candidate for Top Regulatory Role - September 9 at 5:51 AM logoITG's Selway drops out of running to head U.S. SEC markets unit - September 9 at 12:50 AM logoITG to Launch POSIT Auction in EMEA - September 6 at 8:02 PM logoInvestment Technology Group (ITG) & JMP Group (JMP) Critical Analysis - September 2 at 8:44 AM logoETFs with exposure to Investment Technology Group, Inc. : August 25, 2017 - August 26 at 6:22 AM logoComparing Investment Technology Group (ITG) and Houlihan Lokey (HLI) - August 23 at 4:40 PM logoInvestment Technology Group, Inc. (ITG) Ex-Dividend Date Scheduled for August ... - August 19 at 5:50 AM logoReviewing Moelis & (MC) and Investment Technology Group (ITG) - August 17 at 12:20 PM logoInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017 - August 16 at 7:57 PM logoCritical Analysis: Investment Technology Group (NYSE:ITG) & TD Ameritrade Holding Corporation (AMTD) - August 13 at 12:10 AM logoInvestment Technology Group, Inc. (ITG) to Issue $0.07 Quarterly Dividend - August 10 at 6:12 PM logoHead-To-Head Analysis: Investment Technology Group (ITG) versus Greenhill & Co. (GHL) - August 10 at 3:03 PM logoBRIEF-ITG releases July 2017 U.S. trading volume - August 8 at 7:41 PM logoITG Releases July 2017 U.S. Trading Volume - August 8 at 7:41 PM logoInvestment Technology Group, Inc. (NYSE:ITG) Cut to "Strong Sell" at BidaskClub - August 6 at 8:42 AM logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bearish Manner : ITG-US : August 3, 2017 - August 3 at 8:10 PM logoEARNINGS SUMMARY: Details of Investment Technology Group Inc. Q2 Earnings Report - August 3 at 12:11 AM logoInvestment Technology Group Turns To Profit In Q2, But Results Miss View - August 3 at 12:11 AM logoInvestor Network: Investment Technology Group, Inc. to Host Earnings Call - August 3 at 12:10 AM logoITG Reports Second Quarter 2017 Results - August 3 at 12:10 AM logoEdited Transcript of ITG earnings conference call or presentation 2-Aug-17 12:00pm GMT - August 3 at 12:10 AM logoInvestment Technology posts 2Q profit - August 3 at 12:10 AM logoInvestment Technology Group, Inc. (ITG) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS - August 2 at 4:32 PM logoContrasting Investment Technology Group (ITG) and TD Ameritrade Holding Corporation (AMTD) - August 1 at 6:32 PM logoHead to Head Review: Greenhill & Co. (GHL) and Investment Technology Group (ITG) - July 27 at 10:31 PM 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



Investment Technology Group (ITG) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff