Thrivent Financial for Lutherans raised its position in Investment Technology Group by 4.9% in the fourth quarter. (NYSE:ITG) by 8.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. Philadelphia Financial Management Of San Francisco Llc sold 479,718 shares as the company's stock rose 1.15% with the market.
A number of other large investors have also bought and sold shares of the company. River & Mercantile Asset Management LLP purchased a new position in Investment Technology Group during the fourth quarter worth about $2,824,000. Thrivent Financial for Lutherans now owns 16,690 shares of the financial services provider's stock worth $329,000 after buying an additional 780 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in Investment Technology Group by 3.7% in the first quarter. Can now owns 42,774 shares of the financial services provider's stock valued at $865,000 after buying an additional 1,519 shares during the period. Louisiana State Employees Retirement System boosted its stake in Investment Technology Group by 4.0% in the first quarter. Louisiana State Employees Retirement System now owns 12,900 shares of the financial services provider's stock valued at $261,000 after buying an additional 500 shares during the period. Teachers Advisors LLC increased its position in Investment Technology Group by 3.0% in the fourth quarter. Teachers Advisors LLC now owns 53,407 shares of the financial services provider's stock worth $1,054,000 after buying an additional 1,559 shares during the last quarter. On average, equities analysts anticipate that Investment Technology Group, Inc. will post $0.73 earnings per share for the current fiscal year. The correct version of this news story can be read at https://www.chaffeybreeze.com/2017/07/13/investment-technology-group-inc-nyseitg-stock-rating-lowered-by-zacks-investment-research.html.
Investment Technology Group (ITG) traded down 0.46% during trading on Tuesday, hitting $21.59. The stock had a trading volume of 35,965 shares. The company has market cap of $727.06 million. Investment Technology Group has a 12 month low of $15.04 and a 12 month high of $22.42. The stock has a 50-day moving average price of $20.77 and a 200-day moving average price of $20.30.
Investment Technology Group (NYSE:ITG) last posted its quarterly earnings results on Wednesday, May 3rd. The financial services provider reported $0.16 EPS for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.08. The firm had revenue of $120.80 million during the quarter, compared to analyst estimates of $120.10 million. The SI to Investment Tech Group Incorporated's float is 3.17%. Investment Technology Group's revenue for the quarter was down 3.1% compared to the same quarter previous year. During the same period in the prior year, the business posted $0.05 earnings per share.
06/17/2015 - Investment Technology Group, Inc. had its "buy" rating reiterated by analysts at Keefe, Bruyette & Woods.
The business also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Tuesday, May 30th were issued a $0.07 dividend. The ex-dividend date was Thursday, May 25th. Frontier Cap Mgmt Communication Ltd Com stated it has 1.90M shares or 0.29% of all its holdings. Investment Technology Group's dividend payout ratio is now -50.00%.
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Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world.
A number of brokerages recently weighed in on ITG.
According to Zacks, "Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers". One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. The company presently has a consensus rating of "Hold" and a consensus target price of $20.00. The stock of Investment Technology Group (NYSE:ITG) earned "Neutral" rating by JP Morgan on Thursday, April 7. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations.