Thrivent Financial for Lutherans lifted its holdings in shares of Interactive Brokers Group, Inc. (IEX:IBKR) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 73,402 shares of the financial services provider’s stock after purchasing an additional 1,148 shares during the period. Thrivent Financial for Lutherans’ holdings in Interactive Brokers Group were worth $4,012,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its stake in shares of Interactive Brokers Group by 5,451.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,640,156 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 1,610,613 shares during the period. JOYN Advisors Inc. lifted its holdings in Interactive Brokers Group by 86.7% during the 4th quarter. JOYN Advisors Inc. now owns 618 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 287 shares during the last quarter. Ipswich Investment Management Co. Inc. acquired a new stake in Interactive Brokers Group during the 4th quarter worth approximately $64,000. Quantamental Technologies LLC acquired a new stake in Interactive Brokers Group during the 4th quarter worth approximately $100,000. Finally, ETF Managers Group LLC lifted its holdings in Interactive Brokers Group by 18.9% during the 4th quarter. ETF Managers Group LLC now owns 1,975 shares of the financial services provider’s stock worth $108,000 after purchasing an additional 314 shares during the last quarter. Institutional investors own 14.79% of the company’s stock.
A number of research firms have recently commented on IBKR. Zacks Investment Research cut Interactive Brokers Group from a “hold” rating to a “sell” rating in a report on Monday, April 8th. Wells Fargo & Co restated a “sell” rating on shares of Interactive Brokers Group in a research report on Friday, January 4th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Interactive Brokers Group presently has a consensus rating of “Hold” and a consensus price target of $64.40.
Interactive Brokers Group (IEX:IBKR) last announced its earnings results on Tuesday, January 22nd. The financial services provider reported $0.57 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.02). The company had revenue of $492.00 million during the quarter, compared to the consensus estimate of $512.00 million. During the same quarter last year, the firm posted $0.43 EPS. Interactive Brokers Group’s quarterly revenue was down 4.5% compared to the same quarter last year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Thursday, May 30th.
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About Interactive Brokers Group
Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.
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