Interactive Brokers Group Inc. (IBKR) Shares Up 1.3%
Interactive Brokers Group Inc. (NASDAQ:IBKR)’s share price shot up 1.3% during trading on Friday . The stock traded as high as $35.22 and last traded at $35.07, with a volume of 229,126 shares trading hands. The stock had previously closed at $34.63.
Several research firms have commented on IBKR. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “strong sell” rating to a “hold” rating in a research report on Monday, July 25th. Buckingham Research began coverage on shares of Interactive Brokers Group in a research report on Thursday, May 12th. They set a “neutral” rating and a $38.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $40.58.
The stock has a 50 day moving average of $35.42 and a 200-day moving average of $36.81. The stock has a market capitalization of $2.38 billion and a PE ratio of 23.40.
Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, July 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The business had revenue of $369 million for the quarter, compared to analyst estimates of $373.43 million. Equities research analysts expect that Interactive Brokers Group Inc. will post $1.67 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Stockholders of record on Thursday, September 1st will be given 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 1.13%.
An institutional investor recently raised its position in Interactive Brokers Group stock. Calvert Investment Management Inc. boosted its position in Interactive Brokers Group Inc. (NASDAQ:IBKR) by 50.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,040 shares of the company’s stock after buying an additional 9,048 shares during the period. Calvert Investment Management Inc.’s holdings in Interactive Brokers Group were worth $1,179,000 at the end of the most recent reporting period.
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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