Deutsche Bank AG Has $19.92 Million Holdings in Interactive Brokers Group, Inc. (IBKR)

Deutsche Bank AG cut its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 28.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 336,420 shares of the financial services provider’s stock after selling 132,311 shares during the period. Deutsche Bank AG owned approximately 0.08% of Interactive Brokers Group worth $19,918,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBKR. The Manufacturers Life Insurance Company boosted its position in shares of Interactive Brokers Group by 27.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 647 shares during the last quarter. Toronto Dominion Bank acquired a new stake in shares of Interactive Brokers Group in the fourth quarter worth approximately $118,000. FNY Partners Fund LP acquired a new stake in shares of Interactive Brokers Group in the fourth quarter worth approximately $177,000. LS Investment Advisors LLC boosted its position in shares of Interactive Brokers Group by 34.3% in the fourth quarter. LS Investment Advisors LLC now owns 3,300 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 843 shares during the last quarter. Finally, Advisor Partners LLC acquired a new stake in shares of Interactive Brokers Group in the fourth quarter worth approximately $206,000. 15.89% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts recently issued reports on the stock. SunTrust Banks reissued a “hold” rating on shares of Interactive Brokers Group in a research report on Friday, March 2nd. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Zacks Investment Research cut shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Sandler O’Neill reissued a “buy” rating on shares of Interactive Brokers Group in a research report on Friday, February 2nd. Finally, Goldman Sachs reissued a “sell” rating and issued a $64.00 target price (up from $61.00) on shares of Interactive Brokers Group in a research report on Friday, February 23rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Interactive Brokers Group has an average rating of “Hold” and a consensus price target of $54.00.

IBKR stock opened at $66.26 on Friday. The firm has a market cap of $29,733.55, a P/E ratio of 61.93, a price-to-earnings-growth ratio of 3.44 and a beta of 0.93. Interactive Brokers Group, Inc. has a 12-month low of $33.01 and a 12-month high of $74.11.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07. The firm 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%. Interactive Brokers Group’s revenue was up 166.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 earnings per share. research analysts predict that Interactive Brokers Group, Inc. will post 2.1 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 14th. Shareholders of record on Thursday, March 1st were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.60%. Interactive Brokers Group’s dividend payout ratio (DPR) is 37.38%.

In other Interactive Brokers Group 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 transaction of $2,009,600.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 1.98% of the company’s stock.

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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.

Institutional Ownership by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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