Silver Oak Securities Incorporated Has $1.59 Million Stock Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Silver Oak Securities Incorporated decreased its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 15.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,907 shares of the financial services provider’s stock after selling 1,619 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Interactive Brokers Group were worth $1,594,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. acquired a new stake in shares of Interactive Brokers Group during the 4th quarter valued at $25,000. Versant Capital Management Inc raised its holdings in shares of Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 71 shares in the last quarter. Blue Trust Inc. boosted its position in Interactive Brokers Group by 90.7% during the fourth quarter. Blue Trust Inc. now owns 185 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in Interactive Brokers Group by 100.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 200 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 100 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in Interactive Brokers Group by 350.0% in the third quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 224 shares in the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Jill Bright acquired 135 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were bought at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the acquisition, the director now owns 2,476 shares in the company, valued at $543,506.76. This trade represents a 5.77 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on IBKR shares. The Goldman Sachs Group lifted their price target on Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. UBS Group lifted their target price on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Keefe, Bruyette & Woods boosted their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Barclays raised their price target on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Finally, Piper Sandler reiterated an “overweight” rating and issued a $210.00 price objective (up from $200.00) on shares of Interactive Brokers Group in a report on Wednesday, January 22nd. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus price target of $204.13.

Interactive Brokers Group Trading Down 2.2 %

Shares of Interactive Brokers Group stock opened at $228.23 on Friday. The firm has a fifty day simple moving average of $191.29 and a 200-day simple moving average of $158.89. The stock has a market capitalization of $96.43 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 1.54 and a beta of 0.89. Interactive Brokers Group, Inc. has a 1-year low of $92.61 and a 1-year high of $235.30.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The business’s revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 EPS. As a group, research analysts predict that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.16%.

Interactive Brokers Group Company 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.