WINTON GROUP Ltd raised its holdings in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 709.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,085 shares of the financial services provider’s stock after buying an additional 30,752 shares during the quarter. WINTON GROUP Ltd’s holdings in Nasdaq were worth $2,722,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also bought and sold shares of NDAQ. BT Investment Management Ltd purchased a new position in Nasdaq during the second quarter worth about $97,982,000. Bessemer Group Inc. grew its position in Nasdaq by 43.5% during the second quarter. Bessemer Group Inc. now owns 2,332,475 shares of the financial services provider’s stock worth $166,749,000 after buying an additional 707,537 shares in the last quarter. Sterling Capital Management LLC purchased a new position in Nasdaq during the second quarter worth about $40,996,000. Robeco Institutional Asset Management B.V. grew its position in Nasdaq by 3,606.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 569,103 shares of the financial services provider’s stock worth $40,685,000 after buying an additional 553,747 shares in the last quarter. Finally, Ardevora Asset Management LLP purchased a new position in Nasdaq during the third quarter worth about $35,504,000. Institutional investors and hedge funds own 76.12% of the company’s stock.
Several equities analysts recently commented on NDAQ shares. ValuEngine upgraded Nasdaq from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. BidaskClub upgraded Nasdaq from a “hold” rating to a “buy” rating in a report on Friday, August 4th. Zacks Investment Research upgraded Nasdaq from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Royal Bank Of Canada set a $78.00 price objective on Nasdaq and gave the stock a “hold” rating in a report on Monday, October 16th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $78.00 price objective on shares of Nasdaq in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $78.22.
In related news, insider Pc Nelson Griggs sold 1,396 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $74.72, for a total transaction of $104,309.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is currently owned by corporate insiders.
Nasdaq, Inc. (NDAQ) opened at $79.26 on Friday. Nasdaq, Inc. has a fifty-two week low of $63.36 and a fifty-two week high of $79.85. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $13,158.47, a PE ratio of 19.17, a PEG ratio of 2.21 and a beta of 0.78.
Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. Nasdaq had a return on equity of 12.69% and a net margin of 6.72%. The firm had revenue of $607.00 million during the quarter, compared to analysts’ expectations of $599.84 million. During the same period in the prior year, the business earned $0.91 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. research analysts anticipate that Nasdaq, Inc. will post 4.18 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, December 14th. Nasdaq’s payout ratio is currently 100.00%.
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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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