Teachers Advisors LLC boosted its position in shares of Investment Technology Group (NYSE:ITG) by 27.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,973 shares of the financial services provider’s stock after buying an additional 14,566 shares during the period. Teachers Advisors LLC owned 0.20% of Investment Technology Group worth $1,376,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp increased its position in shares of Investment Technology Group by 159.6% in the first quarter. Stifel Financial Corp now owns 89,516 shares of the financial services provider’s stock worth $1,812,000 after buying an additional 55,039 shares during the period. Prudential Financial Inc. increased its position in shares of Investment Technology Group by 2.9% in the first quarter. Prudential Financial Inc. now owns 58,768 shares of the financial services provider’s stock worth $1,190,000 after buying an additional 1,670 shares during the period. JPMorgan Chase & Co. increased its position in shares of Investment Technology Group by 80.5% in the first quarter. JPMorgan Chase & Co. now owns 153,675 shares of the financial services provider’s stock worth $3,112,000 after buying an additional 68,541 shares during the period. Mason Street Advisors LLC increased its position in shares of Investment Technology Group by 9.2% in the first quarter. Mason Street Advisors LLC now owns 7,384 shares of the financial services provider’s stock worth $150,000 after buying an additional 623 shares during the period. Finally, State of Tennessee Treasury Department increased its position in shares of Investment Technology Group by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 31,119 shares of the financial services provider’s stock worth $630,000 after buying an additional 4,696 shares during the period. 86.66% of the stock is owned by institutional investors.

Shares of Investment Technology Group (NYSE:ITG) traded down 0.15% during mid-day trading on Friday, hitting $20.11. 239,524 shares of the company traded hands. The stock’s market capitalization is $666.14 million. The firm has a 50-day moving average of $21.14 and a 200-day moving average of $20.54. Investment Technology Group has a one year low of $15.04 and a one year high of $22.69.

Investment Technology Group (NYSE:ITG) last released its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.04. Investment Technology Group had a net margin of 3.82% and a return on equity of 4.56%. The business had revenue of $121.60 million for the quarter, compared to analysts’ expectations of $124 million. During the same period in the previous year, the company earned ($0.02) EPS. Investment Technology Group’s revenue for the quarter was up .8% compared to the same quarter last year. On average, equities analysts predict that Investment Technology Group will post $0.59 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 22nd will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Friday, August 18th. Investment Technology Group’s payout ratio is currently -107.69%.

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A number of research analysts have recently commented on the stock. BidaskClub raised shares of Investment Technology Group from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research downgraded shares of Investment Technology Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. TheStreet raised shares of Investment Technology Group from a “c” rating to a “b-” rating in a research report on Wednesday, August 2nd. Finally, ValuEngine raised shares of Investment Technology Group from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company. Investment Technology Group has an average rating of “Hold” and an average target price of $22.50.

About Investment Technology Group

Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics.

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Institutional Ownership by Quarter for Investment Technology Group (NYSE:ITG)

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