Nasdaq, Inc. (NDAQ) Stake Increased by Nomura Holdings Inc.

Nomura Holdings Inc. lifted its position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 177.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,874 shares of the financial services provider’s stock after acquiring an additional 9,510 shares during the period. Nomura Holdings Inc.’s holdings in Nasdaq were worth $1,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. UBS Asset Management Americas Inc. increased its position in Nasdaq by 10.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 300,242 shares of the financial services provider’s stock worth $20,852,000 after purchasing an additional 27,248 shares in the last quarter. Teachers Advisors LLC increased its position in Nasdaq by 3.8% during the 1st quarter. Teachers Advisors LLC now owns 179,497 shares of the financial services provider’s stock worth $12,466,000 after purchasing an additional 6,548 shares in the last quarter. Thrivent Financial For Lutherans increased its position in Nasdaq by 6.5% during the 1st quarter. Thrivent Financial For Lutherans now owns 4,230 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 260 shares in the last quarter. Global X Management Co. LLC increased its position in Nasdaq by 42.0% during the 1st quarter. Global X Management Co. LLC now owns 5,491 shares of the financial services provider’s stock worth $381,000 after purchasing an additional 1,625 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in Nasdaq by 1.1% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 18,027 shares of the financial services provider’s stock worth $1,253,000 after purchasing an additional 200 shares in the last quarter. 74.44% of the stock is owned by institutional investors.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Wednesday, July 26th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.06. The company had revenue of $602.00 million during the quarter, compared to analyst estimates of $596.55 million. Nasdaq had a net margin of 5.76% and a return on equity of 12.19%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 2.03%. The ex-dividend date was Thursday, September 14th. Nasdaq’s dividend payout ratio is 118.75%.

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A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada set a $78.00 price objective on shares of Nasdaq and gave the stock a “hold” rating in a research report on Monday. Zacks Investment Research upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub cut shares of Nasdaq from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $78.00 price objective on shares of Nasdaq in a research report on Thursday, October 12th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $71.00 price objective (up from $68.00) on shares of Nasdaq in a research report on Monday, July 17th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Nasdaq presently has an average rating of “Hold” and a consensus target price of $76.50.

In related news, insider Ann M. Dennison sold 1,170 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $76.32, for a total value of $89,294.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Edward S. Knight sold 15,000 shares of the stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $74.39, for a total transaction of $1,115,850.00. Following the completion of the sale, the insider now directly owns 78,063 shares of the company’s stock, valued at $5,807,106.57. The disclosure for this sale can be found here. Insiders sold a total of 36,844 shares of company stock valued at $2,788,100 over the last three months. 1.60% of the stock is currently owned by insiders.

Nasdaq Company Profile

Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.

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Institutional Ownership by Quarter for Nasdaq (NASDAQ:NDAQ)

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