Meadow Creek Investment Management LLC Has $554,000 Holdings in Interactive Brokers Group, Inc. (IBKR)

Meadow Creek Investment Management LLC raised its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 9.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,352 shares of the financial services provider’s stock after purchasing an additional 812 shares during the quarter. Meadow Creek Investment Management LLC’s holdings in Interactive Brokers Group were worth $554,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Toronto Dominion Bank purchased a new position in Interactive Brokers Group during the fourth quarter valued at approximately $118,000. The Manufacturers Life Insurance Company lifted its holdings in Interactive Brokers Group by 27.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 647 shares in the last quarter. FNY Partners Fund LP purchased a new position in shares of Interactive Brokers Group in the fourth quarter worth $177,000. LS Investment Advisors LLC lifted its holdings 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 buying an additional 843 shares in the last quarter. Finally, Advisor Partners LLC purchased a new position in shares of Interactive Brokers Group in the fourth quarter worth $206,000. 15.89% of the stock is currently owned by institutional investors and hedge funds.

IBKR has been the topic of several research analyst reports. Goldman Sachs reissued a “sell” rating and issued a $64.00 target price (up previously from $61.00) on shares of Interactive Brokers Group in a report on Friday, February 23rd. Sandler O’Neill reissued a “buy” rating on shares of Interactive Brokers Group in a report on Friday, February 2nd. SunTrust Banks reissued a “hold” rating on shares of Interactive Brokers Group in a report on Friday, March 2nd. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, ValuEngine raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $54.00.

Interactive Brokers Group stock opened at $66.21 on Friday. Interactive Brokers Group, Inc. has a 1-year low of $33.01 and a 1-year high of $74.11. The company has a market cap of $27,259.19, a price-to-earnings ratio of 43.56, a PEG ratio of 3.15 and a beta of 0.93.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.07. The company had revenue of $515.00 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 earnings per share. analysts anticipate that Interactive Brokers Group, Inc. will post 2.1 earnings per share for the current fiscal year.

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

In related news, Vice Chairman Earl H. Nemser sold 32,000 shares of the company’s stock in a transaction 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.98% of the stock is owned by corporate insiders.

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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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