Shares of Interactive Brokers Group, Inc. (IEX:IBKR) have received a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $67.67.
Separately, Zacks Investment Research raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 26th.
Shares of IEX:IBKR traded up $2.07 during trading hours on Tuesday, reaching $52.53. The stock had a trading volume of 482,272 shares, compared to its average volume of 776,800. Interactive Brokers Group has a 1 year low of $47.13 and a 1 year high of $80.32.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, May 30th.
A number of large investors have recently modified their holdings of IBKR. Oregon Public Employees Retirement Fund boosted its stake in Interactive Brokers Group by 5,451.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,640,156 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 1,610,613 shares during the period. FinTrust Capital Advisors LLC boosted its stake in Interactive Brokers Group by 30,000.0% during the 1st quarter. FinTrust Capital Advisors LLC now owns 602 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 600 shares during the period. JOYN Advisors Inc. boosted its stake in Interactive Brokers Group by 86.7% during the 4th quarter. JOYN Advisors Inc. now owns 618 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 287 shares during the period. Avestar Capital LLC acquired a new stake in Interactive Brokers Group during the 1st quarter worth $51,000. Finally, Quantamental Technologies LLC acquired a new stake in Interactive Brokers Group during the 4th quarter worth $100,000. Hedge funds and other institutional investors own 14.79% of the company’s stock.
Interactive Brokers Group Company Profile
Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.
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