Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $133.44.

Several analysts recently commented on the company. Keefe, Bruyette & Woods lowered Interactive Brokers Group from an "outperform" rating to a "market perform" rating and lifted their price objective for the stock from $128.00 to $135.00 in a report on Thursday, July 11th. Barclays boosted their price target on Interactive Brokers Group from $145.00 to $147.00 and gave the company an "overweight" rating in a research note on Wednesday, July 17th. Jefferies Financial Group increased their price objective on shares of Interactive Brokers Group from $138.00 to $150.00 and gave the stock a "buy" rating in a research note on Monday, July 8th. Finally, UBS Group raised their price objective on shares of Interactive Brokers Group from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, September 9th.

View Our Latest Research Report on Interactive Brokers Group

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC boosted its stake in shares of Interactive Brokers Group by 172.1% in the second quarter. SG Americas Securities LLC now owns 12,464 shares of the financial services provider's stock worth $1,528,000 after acquiring an additional 7,884 shares during the period. Goldman Sachs Group Inc. boosted its stake in Interactive Brokers Group by 122.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 951,211 shares of the financial services provider's stock worth $78,855,000 after purchasing an additional 524,503 shares during the period. GSA Capital Partners LLP purchased a new stake in Interactive Brokers Group during the 1st quarter valued at approximately $796,000. Janus Henderson Group PLC raised its position in shares of Interactive Brokers Group by 9.9% during the first quarter. Janus Henderson Group PLC now owns 108,977 shares of the financial services provider's stock valued at $12,173,000 after buying an additional 9,858 shares during the last quarter. Finally, Norden Group LLC raised its position in shares of Interactive Brokers Group by 1,272.1% during the first quarter. Norden Group LLC now owns 104,400 shares of the financial services provider's stock valued at $11,662,000 after buying an additional 96,791 shares during the last quarter. Hedge funds and other institutional investors own 23.80% of the company's stock.

IBKR opened at $142.62 on Thursday. The company's 50-day simple moving average is $124.84 and its two-hundred day simple moving average is $121.16. The stock has a market capitalization of $60.05 billion, a P/E ratio of 24.38, a P/E/G ratio of 1.21 and a beta of 0.80. Interactive Brokers Group has a 52-week low of $72.60 and a 52-week high of $142.80.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.74 by $0.02. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Interactive Brokers Group had a net margin of 7.88% and a return on equity of 4.88%. The firm's revenue for the quarter was up 21.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.32 earnings per share. Research analysts forecast that Interactive Brokers Group will post 6.81 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date was Friday, August 30th. Interactive Brokers Group's payout ratio is 17.09%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Interactive Brokers Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Interactive Brokers Group wasn't on the list.

While Interactive Brokers Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.