Interactive Brokers Group, Inc. (IEX:IBKR) Shares Acquired by Los Angeles Capital Management & Equity Research Inc.

Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of Interactive Brokers Group, Inc. (IEX:IBKR) by 118.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 97,810 shares of the financial services provider’s stock after acquiring an additional 53,000 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Interactive Brokers Group were worth $5,301,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wells Fargo & Company MN grew its position in Interactive Brokers Group by 88.8% in the first quarter. Wells Fargo & Company MN now owns 750,891 shares of the financial services provider’s stock worth $38,956,000 after buying an additional 353,179 shares during the last quarter. Norges Bank purchased a new position in Interactive Brokers Group during the 4th quarter worth approximately $18,846,000. Kayne Anderson Rudnick Investment Management LLC grew its position in Interactive Brokers Group by 2.6% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,798,601 shares of the financial services provider’s stock worth $300,832,000 after purchasing an additional 148,996 shares in the last quarter. First Trust Advisors LP grew its position in Interactive Brokers Group by 314.7% during the 1st quarter. First Trust Advisors LP now owns 146,108 shares of the financial services provider’s stock worth $7,580,000 after purchasing an additional 110,876 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its position in Interactive Brokers Group by 10.7% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,016,504 shares of the financial services provider’s stock worth $55,095,000 after purchasing an additional 98,653 shares in the last quarter. Institutional investors and hedge funds own 14.79% of the company’s stock.

Several research firms have weighed in on IBKR. Compass Point set a $56.00 price objective on shares of Interactive Brokers Group and gave the stock a “hold” rating in a research report on Tuesday, July 2nd. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Monday, April 22nd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $53.33.



IEX:IBKR opened at $45.68 on Wednesday. The stock’s 50-day moving average is $51.13. Interactive Brokers Group, Inc. has a 52-week low of $47.13 and a 52-week high of $80.32.

Interactive Brokers Group (IEX:IBKR) last posted its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.05). The firm had revenue of $413.00 million for the quarter, compared to the consensus estimate of $509.00 million.

Interactive Brokers Group Company Profile

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

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