Latimer Light Capital buys $22,081,859 stake in Interactive Brokers Group (IBKR)

Interactive Brokers Group (IBKR) : Latimer Light Capital scooped up 173,726 additional shares in Interactive Brokers Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 621,499 shares of Interactive Brokers Group which is valued at $22,081,859.Interactive Brokers Group makes up approximately 6.21% of Latimer Light Capital’s portfolio.

Other Hedge Funds, Including , Ancient Art boosted its stake in IBKR in the latest quarter, The investment management firm added 263,395 additional shares and now holds a total of 3,481,408 shares of Interactive Brokers Group which is valued at $123,694,426. Interactive Brokers Group makes up approx 23.53% of Ancient Art’s portfolio. Summit Securities Group added IBKR to its portfolio by purchasing 7,466 company shares during the most recent quarter which is valued at $265,267. Interactive Brokers Group makes up approx 0.14% of Summit Securities Group’s portfolio.Oppenheimerfunds boosted its stake in IBKR in the latest quarter, The investment management firm added 1,733 additional shares and now holds a total of 17,219 shares of Interactive Brokers Group which is valued at $611,791.Swiss National Bank boosted its stake in IBKR in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 101,100 shares of Interactive Brokers Group which is valued at $3,520,302. Interactive Brokers Group makes up approx 0.01% of Swiss National Bank’s portfolio.

Interactive Brokers Group closed down -0.74 points or -2.06% at $35.14 with 4,63,896 shares getting traded on Thursday. Post opening the session at $36.02, the shares hit an intraday low of $34.92 and an intraday high of $36.12 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Interactive Brokers Group reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.34. The company had revenue of $369.00 million for the quarter, compared to analysts expectations of $374.89 million. The company’s revenue was down -4.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 EPS.

Interactive Brokers Group Inc. (IBG Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders and executing and processing trades in securities futures foreign exchange instruments bonds and mutual funds on more than 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. The Company owns approximately 14.5% in IBG LLC the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management trade execution and portfolio management platform. As a market maker it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.

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