Haverford Trust Co. Buys 1,210 Shares of Interactive Brokers Group, Inc. (IEX:IBKR)

Haverford Trust Co. raised its stake in shares of Interactive Brokers Group, Inc. (IEX:IBKR) by 15.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,835 shares of the financial services provider’s stock after purchasing an additional 1,210 shares during the period. Haverford Trust Co.’s holdings in Interactive Brokers Group were worth $475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. WINTON GROUP Ltd purchased a new position in shares of Interactive Brokers Group in the 2nd quarter worth approximately $730,000. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV increased 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 purchasing an additional 10,500 shares during the last quarter. Xact Kapitalforvaltning AB increased 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 purchasing an additional 3,493 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in 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 buying an additional 429 shares during the period. Finally, WBI Investments Inc. purchased a new stake in Interactive Brokers Group during the 2nd quarter valued at $1,960,000. Institutional investors and hedge funds own 14.79% of the company’s stock.

IBKR has been the subject of several recent analyst reports. Compass Point raised shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $56.00 price objective 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 target price on the stock in a research note on Tuesday, September 17th.

Shares of IBKR traded up $0.41 during midday trading on Friday, hitting $46.96. The stock had a trading volume of 237,603 shares, compared to its average volume of 776,800. Interactive Brokers Group, Inc. has a 1 year low of $47.13 and a 1 year high of $80.32. The stock’s 50 day moving average is $47.96 and its 200 day moving average is $60.42.

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

Interactive Brokers Group Company 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.

See Also: Back-End Load

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

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