<div id="readability-page-1"><p>Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $66.82 and last traded at $66.22, with a volume of 3813364 shares changing hands. The stock had previously closed at $65.20.</p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Notable Stocks Just Split: Which One Could Be the Big Winner?</li></ul><p>Several equities research analysts have recently issued reports on IBKR shares. The Goldman Sachs Group increased their target price on shares of Interactive Brokers Group from $53.00 to $60.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, May 15th. Citigroup boosted their price objective on Interactive Brokers Group from $53.75 to $60.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, July 7th. Piper Sandler increased their target price on Interactive Brokers Group from $45.50 to $65.00 and gave the company an &#34;overweight&#34; rating in a research report on Tuesday, July 15th. Bank of America dropped their price target on shares of Interactive Brokers Group from $66.25 to $60.75 and set a &#34;buy&#34; rating on the stock in a research note on Wednesday, April 16th. Finally, Barclays boosted their price target on shares of Interactive Brokers Group from $65.00 to $73.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating and seven have issued  a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $59.38.</p><p><b>Get Our Latest Stock Analysis on Interactive Brokers Group</b></p><h2>Interactive Brokers Group Stock Up 1.6%</h2><ul><li>Robinhood makes out like a bandit on crypto surge</li></ul><p>The firm has a 50-day moving average of $55.92 and a two-hundred day moving average of $50.34. The company has a market capitalization of $111.94 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 2.69 and a beta of 1.25. </p><p>Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last posted its earnings results on Thursday, July 17th. The financial services provider reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.05. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.78% and a return on equity of 4.92%. The firm's revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.76 EPS.  On average, equities research analysts expect that  Interactive Brokers Group, Inc. will post 7.46 EPS for the current year. </p><h2>Interactive Brokers Group Announces Dividend</h2><ul><li>Jefferies Misses on Earnings: Does it Signal a Speed Bump or U-Turn?</li></ul><p>The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Monday, September 1st will be given a dividend of $0.08 per share. The ex-dividend date is Friday, August 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.48%. Interactive Brokers Group's dividend payout ratio  is presently 16.49%. </p><h2>Hedge Funds Weigh In On Interactive Brokers Group</h2><p>Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Citizens Bank &amp; Trust Co. grew its holdings in  Interactive Brokers Group by 1,239.2% during the 2nd quarter. First Citizens Bank &amp; Trust Co. now owns 34,070 shares of the financial services provider's stock worth $1,888,000 after acquiring an additional 31,526 shares in the last quarter.  New Mexico Educational Retirement Board grew its stake in shares of  Interactive Brokers Group by 300.0% during the second quarter. New Mexico Educational Retirement Board now owns 88,912 shares of the financial services provider's stock worth $4,927,000 after purchasing an additional 66,684 shares in the last quarter.  Freedom Investment Management Inc. increased its holdings in  Interactive Brokers Group by 186.7% in the second quarter. Freedom Investment Management Inc. now owns 6,946 shares of the financial services provider's stock valued at $385,000 after buying an additional 4,523 shares during the last quarter.  Ethic Inc. raised its stake in  Interactive Brokers Group by 322.6% in the second quarter. Ethic Inc. now owns 40,912 shares of the financial services provider's stock valued at $2,208,000 after buying an additional 31,230 shares in the last quarter.  Finally, Meadow Creek Wealth Advisors LLC acquired a new position in shares of  Interactive Brokers Group during the 2nd quarter worth about $255,000. Hedge funds and other institutional investors own  23.80% of the company's stock. </p><h2>About Interactive Brokers Group</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Interactive Brokers Group</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>Visa Beats Q3 Earnings Expectations, So Why Did the Market Panic?</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>How Marvell Went From Short Target to Breakout Star</li><li>3 Small Caps With Big Return Potential</li><li>Palo Alto Networks: The All‑in‑One Cybersecurity Powerhouse</li></ul><p><em>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 contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Interactive Brokers Group Right Now?</h2><p>Before you consider Interactive Brokers Group, you'll want to hear this.</p><p>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.</p><p>While Interactive Brokers Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IBKR

<p>Interactive Brokers Group (NASDAQ:IBKR) shares reached a new 52-week high of $66.82, closing at $66.22 with significant trading volume. Analysts have raised target prices, with Goldman Sachs and Citigroup both setting targets at $60.00, while Barclays increased theirs to $73.00. The stock has a consensus rating of "Moderate Buy" and a target price of $59.38. The company reported earnings of $0.51 per share, exceeding estimates, and announced a quarterly dividend of $0.08 per share, reflecting a 0.48% yield.</p>

Interactive Brokers Group (NASDAQ:IBKR) Reaches New 1-Year High - Here's Why