Oregon Public Employees Retirement Fund Purchases 429 Shares of Interactive Brokers Group, Inc. (IEX:IBKR)

Oregon Public Employees Retirement Fund boosted its position in Interactive Brokers Group, Inc. (IEX:IBKR) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,441 shares of the financial services provider’s stock after acquiring an additional 429 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Interactive Brokers Group were worth $1,650,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wells Fargo & Company MN grew its stake in shares of Interactive Brokers Group by 88.8% during 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 bought a new stake in shares of Interactive Brokers Group during the fourth quarter worth $18,846,000. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Interactive Brokers Group by 2.6% during the first 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 buying an additional 148,996 shares during the last quarter. American Century Companies Inc. bought a new stake in shares of Interactive Brokers Group during the fourth quarter worth $6,711,000. Finally, First Trust Advisors LP grew its stake in shares of Interactive Brokers Group by 314.7% during the first quarter. First Trust Advisors LP now owns 146,108 shares of the financial services provider’s stock worth $7,580,000 after buying an additional 110,876 shares during the last quarter. 14.79% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have weighed in on IBKR shares. Compass Point set a $56.00 target price on shares of Interactive Brokers Group and gave the stock a “hold” rating in a research note on Tuesday, July 2nd. Zacks Investment Research raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Monday, April 22nd. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $53.33.

Shares of IEX IBKR traded down $0.83 during midday trading on Monday, reaching $49.30. 57,147 shares of the company were exchanged, compared to its average volume of 776,800. The company’s 50-day moving average price is $52.52. Interactive Brokers Group, Inc. has a one year low of $47.13 and a one year high of $80.32.

Interactive Brokers Group (IEX:IBKR) last issued its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $0.43 EPS for the quarter, missing analysts’ consensus estimates 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.

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

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