Haverford Trust Co. Boosts Stake in Interactive Brokers Group, Inc. (IEX:IBKR)

Haverford Trust Co. grew its stake in shares of Interactive Brokers Group, Inc. (IEX:IBKR) by 15.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,835 shares of the financial services provider’s stock after buying an additional 1,210 shares during the quarter. Haverford Trust Co.’s holdings in Interactive Brokers Group were worth $475,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IBKR. WINTON GROUP Ltd purchased a new stake in shares of Interactive Brokers Group during the 2nd quarter valued at $730,000. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV raised its position in shares of Interactive Brokers Group by 18.1% during the 2nd quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 68,500 shares of the financial services provider’s stock valued at $3,731,000 after buying an additional 10,500 shares in the last quarter. Xact Kapitalforvaltning AB raised its position in shares of Interactive Brokers Group by 58.1% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 9,510 shares of the financial services provider’s stock valued at $522,000 after buying an additional 3,493 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Interactive Brokers Group by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 30,441 shares of the financial services provider’s stock valued at $1,650,000 after purchasing an additional 429 shares during the last quarter. Finally, WBI Investments Inc. bought a new position in shares of Interactive Brokers Group during the 2nd quarter valued at $1,960,000. Hedge funds and other institutional investors own 14.79% of the company’s stock.

Several research firms recently commented on IBKR. Compass Point raised shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $56.00 target price on the stock in a report on Wednesday, October 2nd. Zacks Investment Research raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating and set a $56.00 target price on the stock in a report on Tuesday, September 17th.

Shares of IEX:IBKR traded up $0.41 on Friday, hitting $46.96. The company had a trading volume of 237,603 shares, compared to its average volume of 776,800. The firm’s 50-day simple moving average is $47.96 and its two-hundred day simple moving average is $60.42. Interactive Brokers Group, Inc. has a 1 year low of $47.13 and a 1 year high of $80.32.

Interactive Brokers Group (IEX:IBKR) last issued its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). The company had revenue of $466.00 million for the quarter, compared to the consensus estimate of $483.00 million.

Interactive Brokers Group 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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