Landscape Capital Management L.L.C. Has $417,000 Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Landscape Capital Management L.L.C. increased its position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 11.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,363 shares of the financial services provider’s stock after acquiring an additional 241 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Interactive Brokers Group were worth $417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBKR. Wellington Management Group LLP grew its position in shares of Interactive Brokers Group by 8,249.3% in the fourth quarter. Wellington Management Group LLP now owns 1,494,029 shares of the financial services provider’s stock valued at $263,950,000 after purchasing an additional 1,476,135 shares during the last quarter. Norges Bank bought a new stake in Interactive Brokers Group during the 4th quarter valued at approximately $229,316,000. Raymond James Financial Inc. acquired a new stake in Interactive Brokers Group in the 4th quarter valued at approximately $120,046,000. Geode Capital Management LLC increased its position in Interactive Brokers Group by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 2,259,032 shares of the financial services provider’s stock worth $399,205,000 after buying an additional 193,497 shares during the period. Finally, Twin Tree Management LP increased its position in Interactive Brokers Group by 492.8% in the 4th quarter. Twin Tree Management LP now owns 227,144 shares of the financial services provider’s stock worth $40,130,000 after buying an additional 188,827 shares during the period. Institutional investors and hedge funds own 23.80% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on IBKR. UBS Group increased their price objective on Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Barclays reduced their price target on shares of Interactive Brokers Group from $231.00 to $188.00 and set an “overweight” rating for the company in a report on Monday. Piper Sandler restated an “overweight” rating and set a $210.00 price objective (up previously from $200.00) on shares of Interactive Brokers Group in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods increased their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research note on Monday, January 13th. Finally, StockNews.com lowered Interactive Brokers Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $198.13.

Insider Buying and Selling at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of $219.51 per share, with a total value of $29,633.85. Following the completion of the purchase, the director now owns 2,476 shares of the company’s stock, valued at $543,506.76. This represents a 5.77 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.99% of the company’s stock.

Interactive Brokers Group Stock Performance

Shares of Interactive Brokers Group stock opened at $144.29 on Tuesday. The firm has a market cap of $60.97 billion, a P/E ratio of 20.44, a price-to-earnings-growth ratio of 1.59 and a beta of 1.02. The firm’s 50-day simple moving average is $196.71 and its 200-day simple moving average is $180.17. Interactive Brokers Group, Inc. has a twelve month low of $103.69 and a twelve month high of $236.53.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the business earned $1.52 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. On average, equities analysts forecast that Interactive Brokers Group, Inc. will post 7.46 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.69%. Interactive Brokers Group’s dividend payout ratio is currently 14.16%.

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.