Public Employees Retirement System of Ohio cut its stake in shares of Interactive Brokers Group, Inc. (IEX:IBKR) by 8.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,636 shares of the financial services provider’s stock after selling 1,983 shares during the period. Public Employees Retirement System of Ohio’s holdings in Interactive Brokers Group were worth $1,110,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new stake in Interactive Brokers Group in the second quarter worth $39,000. Squar Milner Financial Services LLC grew its holdings in shares of Interactive Brokers Group by 882.1% in the 3rd quarter. Squar Milner Financial Services LLC now owns 825 shares of the financial services provider’s stock valued at $44,000 after buying an additional 741 shares during the period. Captrust Financial Advisors bought a new stake in shares of Interactive Brokers Group in the 2nd quarter valued at $49,000. Quantamental Technologies LLC increased its position in shares of Interactive Brokers Group by 90.3% in the 2nd quarter. Quantamental Technologies LLC now owns 2,733 shares of the financial services provider’s stock valued at $148,000 after buying an additional 1,297 shares in the last quarter. Finally, Boston Partners bought a new stake in shares of Interactive Brokers Group in the 3rd quarter valued at $156,000. Institutional investors and hedge funds own 14.79% of the company’s stock.
Shares of IEX:IBKR opened at $46.46 on Wednesday. Interactive Brokers Group, Inc. has a 12 month low of $47.13 and a 12 month high of $80.32. The company’s fifty day simple moving average is $47.10 and its 200 day simple moving average is $59.48.
The company also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, November 27th.
A number of analysts recently issued reports on the company. Compass Point raised Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $56.00 target price for the company in a research note 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 price target on the stock in a research note on Tuesday, September 17th.
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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