Interactive Brokers Group Inc. (NASDAQ:IBKR) shares traded up 4.5% during trading on Friday . The stock traded as high as $36.48 and last traded at $36.38, with a volume of 429,929 shares. The stock had previously closed at $34.82.

Several research analysts have commented on the stock. Buckingham Research assumed coverage on shares of Interactive Brokers Group in a report on Thursday, May 12th. They set a “neutral” rating and a $38.00 price target for the company. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Friday, April 8th. Finally, TheStreet upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Tuesday, April 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $40.58.

The firm has a 50 day moving average of $35.49 and a 200 day moving average of $36.46. The company has a market capitalization of $2.35 billion and a price-to-earnings ratio of 23.94.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, July 19th. The company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The company had revenue of $369 million for the quarter, compared to analysts’ expectations of $373.43 million. Analysts expect that Interactive Brokers Group Inc. will post $1.67 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 14th. Stockholders of record on Thursday, September 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.11%.

Other hedge funds and institutional investors have bought and sold shares of the company. State of Tennessee Treasury Department acquired a new position in Interactive Brokers Group during the fourth quarter valued at approximately $1,953,000. Dimensional Fund Advisors LP raised its position in Interactive Brokers Group by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,390,727 shares of the company’s stock valued at $104,236,000 after buying an additional 68,534 shares during the last quarter. Suntrust Banks Inc. acquired a new position in Interactive Brokers Group during the fourth quarter valued at approximately $2,231,000. Principal Financial Group Inc. raised its position in Interactive Brokers Group by 5.1% in the fourth quarter. Principal Financial Group Inc. now owns 395,160 shares of the company’s stock valued at $17,229,000 after buying an additional 19,056 shares during the last quarter. Finally, Comerica Bank raised its position in Interactive Brokers Group by 1.4% in the fourth quarter. Comerica Bank now owns 59,076 shares of the company’s stock valued at $2,201,000 after buying an additional 823 shares during the last quarter.

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world.

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