Todays Report: Today, Brokerages give average Rating of “Hold” to Interactive Brokers Group Inc. (IBKR)

Today, Brokerages give average Rating of “Hold” to Interactive Brokers Group Inc. (IBKR)

Interactive Brokers Group Inc. (NASDAQ:IBKR) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the stock. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $40.22.

Separately, Zacks Investment Research upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Monday, November 21st.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brookfield Asset Management Inc. increased its position in Interactive Brokers Group by 86.9% in the third quarter. Brookfield Asset Management Inc. now owns 243,000 shares of the company’s stock valued at $8,571,000 after buying an additional 113,000 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Interactive Brokers Group by 21.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 32,341 shares of the company’s stock valued at $1,141,000 after buying an additional 5,724 shares during the last quarter. Lombard Odier Asset Management USA Corp increased its position in shares of Interactive Brokers Group by 27.8% in the third quarter. Lombard Odier Asset Management USA Corp now owns 274,690 shares of the company’s stock valued at $9,688,000 after buying an additional 59,816 shares during the last quarter. 1832 Asset Management L.P. increased its position in shares of Interactive Brokers Group by 10.0% in the third quarter. 1832 Asset Management L.P. now owns 39,700 shares of the company’s stock valued at $1,400,000 after buying an additional 3,600 shares during the last quarter. Finally, TPG Group Holdings SBS Advisors Inc. increased its position in shares of Interactive Brokers Group by 3.2% in the third quarter. TPG Group Holdings SBS Advisors Inc. now owns 1,894,823 shares of the company’s stock valued at $66,830,000 after buying an additional 59,375 shares during the last quarter. 86.02% of the stock is currently owned by hedge funds and other institutional investors.

Interactive Brokers Group (NASDAQ:IBKR) opened at 37.76 on Monday. The company’s 50-day moving average is $35.42 and its 200 day moving average is $36.04. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 25.88 and a beta of 0.97. Interactive Brokers Group has a 52 week low of $29.50 and a 52 week high of $44.85.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, October 18th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.02. Interactive Brokers Group had a net margin of 6.26% and a return on equity of 1.72%. The company had revenue of $345 million for the quarter, compared to the consensus estimate of $330.70 million. During the same quarter in the previous year, the firm earned $0.35 earnings per share. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, analysts forecast that Interactive Brokers Group will post $1.59 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 14th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Tuesday, November 29th. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 27.40%.

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