Hsbc Holdings PLC Has $25.71 Million Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Hsbc Holdings PLC lifted its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,970 shares of the financial services provider’s stock after buying an additional 187 shares during the quarter. Hsbc Holdings PLC’s holdings in Interactive Brokers Group were worth $25,705,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IBKR. Rise Advisors LLC acquired a new stake in Interactive Brokers Group during the 1st quarter worth $30,000. Tortoise Investment Management LLC increased its holdings in Interactive Brokers Group by 76.6% in the second quarter. Tortoise Investment Management LLC now owns 256 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 111 shares during the last quarter. Fairfield Financial Advisors LTD bought a new position in Interactive Brokers Group during the second quarter worth about $32,000. Principal Securities Inc. bought a new position in Interactive Brokers Group during the fourth quarter worth about $40,000. Finally, Kapitalo Investimentos Ltda grew its position in shares of Interactive Brokers Group by 278.0% during the 4th quarter. Kapitalo Investimentos Ltda now owns 480 shares of the financial services provider’s stock worth $40,000 after buying an additional 353 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on IBKR shares. UBS Group lifted their price objective on shares of Interactive Brokers Group from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, September 9th. Keefe, Bruyette & Woods cut shares of Interactive Brokers Group from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $128.00 to $135.00 in a research report on Thursday, July 11th. Barclays upped their price objective on shares of Interactive Brokers Group from $145.00 to $147.00 and gave the company an “overweight” rating in a research report on Wednesday, July 17th. Finally, Jefferies Financial Group boosted their target price on Interactive Brokers Group from $138.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $133.44.

Interactive Brokers Group Trading Up 0.4 %

Shares of Interactive Brokers Group stock opened at $133.02 on Friday. Interactive Brokers Group, Inc. has a 1-year low of $72.60 and a 1-year high of $133.42. The business has a 50-day moving average price of $122.29 and a two-hundred day moving average price of $119.52. The company has a market cap of $56.01 billion, a P/E ratio of 22.74, a PEG ratio of 1.10 and a beta of 0.80.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, July 16th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.74 by $0.02. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. Interactive Brokers Group had a net margin of 7.88% and a return on equity of 4.88%. The firm’s revenue for the quarter was up 21.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.32 earnings per share. Equities research analysts forecast that Interactive Brokers Group, Inc. will post 6.81 EPS for the current fiscal year.

Interactive Brokers Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.75%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 17.09%.

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.