6,947 Shares of Interactive Brokers Group, Inc. $IBKR Purchased by Encompass More Asset Management

Encompass More Asset Management acquired a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the third quarter, Holdings Channel reports. The fund acquired 6,947 shares of the financial services provider’s stock, valued at approximately $593,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Reflection Asset Management purchased a new position in shares of Interactive Brokers Group in the fourth quarter worth about $26,000. Tobam purchased a new stake in Interactive Brokers Group during the 4th quarter valued at about $30,000. SHP Wealth Management purchased a new stake in Interactive Brokers Group during the 4th quarter valued at about $31,000. Wealth Enhancement Trust Services Inc. boosted its holdings in Interactive Brokers Group by 1,217.2% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 382 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 353 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Interactive Brokers Group by 584.6% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 534 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 456 shares during the period. 23.80% of the stock is owned by institutional investors.

Interactive Brokers Group News Roundup

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Analyst and rating support: Barclays raised its price target to $117 from $115, while Zacks upgraded IBKR to Rank #1, or “Strong Buy,” citing improving earnings prospects. Evercore ISI also initiated coverage with an Outperform rating. Barclays price target article
• Positive Sentiment: Revenue and customer growth remained healthy: Third-quarter adjusted net revenue rose 15.6% year over year to approximately $1.87 billion, supported by higher net interest income, commissions and customer growth. Commissions increased 12% to about $602 million, while management highlighted continued expansion in global market access, institutional services and AI-powered trading tools. Interactive Brokers revenue growth article
• Positive Sentiment: Dividend increased substantially: Interactive Brokers declared a quarterly dividend of $0.15 per share, up 71.4% from $0.0875, payable December 14 to shareholders of record December 1. The new annualized payout is $0.60 per share. Interactive Brokers dividend announcement
• Neutral Sentiment: Results matched expectations: Adjusted diluted earnings were $0.67 per share versus consensus of $0.67, while adjusted revenue of $1.87 billion was slightly above the $1.86 billion estimate. Earnings improved from $0.57 per share a year earlier, but the limited upside likely contributed to the muted market reaction. Interactive Brokers third-quarter results
• Negative Sentiment: Valuation and interest-rate risks remain: Investors remain sensitive to IBKR’s elevated valuation and exposure to interest rates. A 25-basis-point decline in U.S. rates could reduce annual net interest income by roughly $83 million, while moderating trading activity and lower commission rates could pressure future growth. Interactive Brokers valuation analysis

Wall Street Analyst Weigh In

Several research firms recently issued reports on IBKR. CICC Research raised their price target on Interactive Brokers Group from $90.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Seaport Research Partners upgraded Interactive Brokers Group to a “buy” rating in a research report on Monday, October 12th. Capital One Financial set a $105.00 price objective on Interactive Brokers Group in a research report on Tuesday, October 6th. Weiss Ratings lowered Interactive Brokers Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Finally, Barclays set a $117.00 target price on shares of Interactive Brokers Group and gave the stock an “overweight” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $103.12.

Interactive Brokers Group Stock Down 3.9%

Shares of Interactive Brokers Group stock opened at $82.69 on Friday. The company’s fifty day simple moving average is $90.32 and its two-hundred day simple moving average is $87.12. Interactive Brokers Group, Inc. has a 12-month low of $58.95 and a 12-month high of $98.75. The firm has a market cap of $140.69 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 1.47 and a beta of 1.37.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Thursday, October 15th. The financial services provider reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.86 billion. Interactive Brokers Group had a net margin of 10.03% and a return on equity of 5.50%. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. As a group, sell-side analysts expect that Interactive Brokers Group, Inc. will post 2.70 earnings per share for the current fiscal year.

Interactive Brokers Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Tuesday, December 1st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This is a boost from Interactive Brokers Group’s previous quarterly dividend of $0.0875. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. Interactive Brokers Group’s payout ratio is 14.00%.

About Interactive Brokers Group

Interactive Brokers Group, Inc is a global electronic brokerage company that provides trading, investment and portfolio management services to individual investors, institutional clients, financial advisers, hedge funds, proprietary trading firms and introducing brokers. Through its subsidiaries, the company offers access to a broad range of markets and financial instruments, including stocks, options, futures, foreign exchange, bonds, mutual funds, exchange-traded funds and certain digital assets.

Interactive Brokers provides its services through platforms such as Trader Workstation, IBKR Mobile and the Client Portal, as well as application programming interfaces for automated and institutional trading.