MUFG Securities EMEA plc Has $7.25 Million Stock Holdings in Interactive Brokers Group, Inc. $IBKR

MUFG Securities EMEA plc grew its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 1,223.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 112,774 shares of the financial services provider’s stock after acquiring an additional 104,252 shares during the period. MUFG Securities EMEA plc’s holdings in Interactive Brokers Group were worth $7,252,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Murphy & Mullick Capital Management Corp acquired a new position in shares of Interactive Brokers Group in the 3rd quarter valued at $27,000. Entrust Financial LLC acquired a new position in shares of Interactive Brokers Group in the 4th quarter valued at $31,000. Tucker Asset Management LLC acquired a new position in shares of Interactive Brokers Group in the 4th quarter valued at $32,000. Lloyd Advisory Services LLC. acquired a new position in shares of Interactive Brokers Group in the 4th quarter valued at $33,000. Finally, Blue Trust Inc. grew its holdings in shares of Interactive Brokers Group by 236.0% in the 4th quarter. Blue Trust Inc. now owns 672 shares of the financial services provider’s stock valued at $43,000 after buying an additional 472 shares during the period. Institutional investors and hedge funds own 23.80% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of IBKR stock opened at $86.97 on Monday. Interactive Brokers Group, Inc. has a 1 year low of $49.15 and a 1 year high of $88.44. The firm’s fifty day moving average price is $77.02 and its two-hundred day moving average price is $71.97. The firm has a market capitalization of $147.53 billion, a P/E ratio of 37.49, a PEG ratio of 2.40 and a beta of 1.32.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. Interactive Brokers Group had a net margin of 9.65% and a return on equity of 5.19%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the business earned $1.94 EPS. The company’s revenue was up 17.0% compared to the same quarter last year. As a group, equities research analysts forecast that Interactive Brokers Group, Inc. will post 2.46 EPS for the current fiscal year.

Interactive Brokers Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be paid a $0.0875 dividend. This represents a $0.35 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, June 1st. This is an increase from Interactive Brokers Group’s previous quarterly dividend of $0.08. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 13.79%.

Insider Transactions at Interactive Brokers Group

In other Interactive Brokers Group news, Director Lawrence E. Harris sold 26,000 shares of Interactive Brokers Group stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $76.93, for a total value of $2,000,180.00. Following the sale, the director directly owned 173,482 shares in the company, valued at approximately $13,345,970.26. The trade was a 13.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IBKR. Keefe, Bruyette & Woods began coverage on shares of Interactive Brokers Group in a report on Wednesday, April 8th. They issued a “market perform” rating and a $75.00 price target for the company. BMO Capital Markets boosted their price target on shares of Interactive Brokers Group from $80.00 to $93.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Jefferies Financial Group decreased their price target on shares of Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating for the company in a report on Monday, April 6th. Piper Sandler boosted their price target on shares of Interactive Brokers Group from $80.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Finally, Barclays raised their price objective on shares of Interactive Brokers Group from $85.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $83.25.

About Interactive Brokers Group

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.