Ensign Peak Advisors Inc Has $58.61 Million Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Ensign Peak Advisors Inc cut its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 478,049 shares of the financial services provider’s stock after selling 4,301 shares during the period. Ensign Peak Advisors Inc owned 0.11% of Interactive Brokers Group worth $58,609,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Tortoise Investment Management LLC grew its stake in shares of Interactive Brokers Group by 76.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 256 shares of the financial services provider’s stock valued at $31,000 after buying an additional 111 shares during the period. Fairfield Financial Advisors LTD acquired a new position in Interactive Brokers Group during the 2nd quarter valued at about $32,000. Rise Advisors LLC acquired a new position in Interactive Brokers Group during the 1st quarter valued at about $30,000. Principal Securities Inc. acquired a new position in Interactive Brokers Group during the 4th quarter valued at about $40,000. Finally, Kapitalo Investimentos Ltda boosted its stake in Interactive Brokers Group by 278.0% during the 4th quarter. Kapitalo Investimentos Ltda now owns 480 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 353 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Trading Up 0.4 %

NASDAQ:IBKR opened at $133.02 on Friday. The stock has a market capitalization of $56.01 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 1.10 and a beta of 0.80. The firm’s 50 day moving average is $122.29 and its 200 day moving average is $119.52. Interactive Brokers Group, Inc. has a 12 month low of $72.60 and a 12 month high of $133.42.

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

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were issued a $0.25 dividend. The ex-dividend date 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 presently 17.09%.

Analysts Set New Price Targets

IBKR has been the subject of a number of analyst reports. Barclays lifted their price target on Interactive Brokers Group from $145.00 to $147.00 and gave the company an “overweight” rating in a research note on Wednesday, July 17th. UBS Group lifted their price target on Interactive Brokers Group from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, September 9th. Keefe, Bruyette & Woods downgraded Interactive Brokers Group from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $128.00 to $135.00 in a research note on Thursday, July 11th. Finally, Jefferies Financial Group lifted their price target 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 research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Interactive Brokers Group currently has an average rating of “Moderate Buy” and an average target price of $133.44.

Interactive Brokers Group 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.