Hanseatic Management Services Inc. bought a new stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 18,084 shares of the financial services provider’s stock, valued at approximately $1,071,000. Interactive Brokers Group makes up 1.1% of Hanseatic Management Services Inc.’s holdings, making the stock its 23rd largest holding.
A number of other institutional investors also recently added to or reduced their stakes in the business. Paloma Partners Management Co acquired a new position in Interactive Brokers Group during the 4th quarter valued at about $260,000. Guggenheim Capital LLC increased its stake in Interactive Brokers Group by 16.5% during the 4th quarter. Guggenheim Capital LLC now owns 111,911 shares of the financial services provider’s stock valued at $6,626,000 after buying an additional 15,859 shares during the period. Miura Global Management LLC acquired a new position in Interactive Brokers Group during the 4th quarter valued at about $34,046,000. Renaissance Technologies LLC increased its stake in Interactive Brokers Group by 49.0% during the 4th quarter. Renaissance Technologies LLC now owns 322,300 shares of the financial services provider’s stock valued at $19,083,000 after buying an additional 105,978 shares during the period. Finally, Alliancebernstein L.P. increased its stake in Interactive Brokers Group by 7.1% during the 4th quarter. Alliancebernstein L.P. now owns 37,477 shares of the financial services provider’s stock valued at $2,219,000 after buying an additional 2,473 shares during the period. 15.90% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Vice Chairman Earl H. Nemser sold 32,000 shares of Interactive Brokers Group stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $62.80, for a total value of $2,009,600.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.98% of the company’s stock.
Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at $73.76 on Monday. The stock has a market cap of $30,367.58, a P/E ratio of 48.53, a PEG ratio of 3.51 and a beta of 0.93. Interactive Brokers Group, Inc. has a 52 week low of $33.01 and a 52 week high of $73.85.
Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.07. The company had revenue of $515.00 million for the quarter, compared to analysts’ expectations of $398.05 million. Interactive Brokers Group had a net margin of 3.94% and a return on equity of 1.74%. The business’s revenue was up 166.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS. research analysts predict that Interactive Brokers Group, Inc. will post 2.1 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 14th. Stockholders of record on Thursday, March 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.54%. Interactive Brokers Group’s dividend payout ratio is currently 37.38%.
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Interactive Brokers Group Profile
Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.
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