Landscape Capital Management L.L.C. Has $296,000 Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Landscape Capital Management L.L.C. cut its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 79.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,122 shares of the financial services provider’s stock after selling 7,973 shares during the period. Landscape Capital Management L.L.C.’s holdings in Interactive Brokers Group were worth $296,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IBKR. Tortoise Investment Management LLC increased its holdings in Interactive Brokers Group by 76.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 256 shares of the financial services provider’s stock valued at $31,000 after buying an additional 111 shares during the period. Fairfield Financial Advisors LTD bought a new stake in Interactive Brokers Group in the second quarter valued at about $32,000. UMB Bank n.a. raised its position 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 worth $40,000 after purchasing an additional 224 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in Interactive Brokers Group in the third quarter worth about $49,000. Finally, DT Investment Partners LLC lifted its stake in Interactive Brokers Group by 60.1% during the third quarter. DT Investment Partners LLC now owns 389 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 146 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Barclays dropped their target price on Interactive Brokers Group from $166.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, October 16th. Piper Sandler reissued an “overweight” rating and set a $163.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, October 16th. Jefferies Financial Group boosted their target price on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Finally, UBS Group increased their target price on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Interactive Brokers Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.00.

Interactive Brokers Group Stock Down 0.0 %

Shares of NASDAQ IBKR opened at $191.62 on Monday. Interactive Brokers Group, Inc. has a 12-month low of $72.60 and a 12-month high of $193.21. The firm’s 50-day simple moving average is $154.06 and its 200 day simple moving average is $133.60. The company has a market cap of $80.96 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 1.50 and a beta of 0.79.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. The company had revenue of $2.45 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. On average, equities analysts expect that Interactive Brokers Group, Inc. will post 6.82 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a $0.25 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a yield of 0.52%. Interactive Brokers Group’s payout ratio is 15.27%.

About Interactive Brokers Group

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.