Roxbury Financial LLC Purchases Shares of 1,055 Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Roxbury Financial LLC purchased a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,055 shares of the financial services provider’s stock, valued at approximately $202,000.

Other hedge funds have also modified their holdings of the company. PUREfi Wealth LLC purchased a new position in shares of Interactive Brokers Group in the 4th quarter valued at approximately $211,000. New Mexico Educational Retirement Board raised its position in shares of Interactive Brokers Group by 5.5% in the 4th quarter. New Mexico Educational Retirement Board now owns 22,228 shares of the financial services provider’s stock valued at $3,927,000 after purchasing an additional 1,168 shares during the last quarter. Blue Trust Inc. raised its position in shares of Interactive Brokers Group by 90.7% in the 4th quarter. Blue Trust Inc. now owns 185 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Park Capital Management LLC WI purchased a new position in shares of Interactive Brokers Group in the 4th quarter valued at approximately $385,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Interactive Brokers Group in the 4th quarter valued at approximately $1,125,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Interactive Brokers Group

In related news, Director Jill Bright purchased 135 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average price of $219.51 per share, with a total value of $29,633.85. Following the purchase, the director now owns 2,476 shares of the company’s stock, valued at $543,506.76. The trade was a 5.77 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.21% of the stock is owned by corporate insiders.

Interactive Brokers Group Price Performance

Shares of NASDAQ IBKR opened at $234.12 on Friday. The stock has a market capitalization of $98.92 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 1.62 and a beta of 0.89. Interactive Brokers Group, Inc. has a 12 month low of $101.36 and a 12 month high of $236.53. The firm’s 50 day simple moving average is $196.38 and its 200-day simple moving average is $163.47.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.22. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The business’s revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the company earned $1.52 EPS. Analysts anticipate that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.25 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.43%. Interactive Brokers Group’s dividend payout ratio is currently 14.16%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on IBKR shares. Citigroup increased their price objective on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. UBS Group raised their price target on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Barclays raised their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Finally, Piper Sandler reissued an “overweight” rating and set a $210.00 price target (up from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Interactive Brokers Group presently has an average rating of “Moderate Buy” and an average price target of $204.13.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.