Economia

Shares in Nasdaq, Inc. (NASDAQ:NDAQ) Acquired by Advisor Partners LLC

Shares in Nasdaq, Inc. (NASDAQ:NDAQ) Acquired by Advisor Partners LLC

The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. NGAM Advisors L.P. now owns 231,705 shares of the financial services provider's stock valued at $16,564,000 after buying an additional 32,562 shares during the period. Capstone Asset Management Co.'s holdings in Nasdaq were worth $804,000 at the end of the most recent quarter.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans now owns 3,970 shares of the financial services provider's stock valued at $266,000 after buying an additional 230 shares during the period. Advisory Services Network LLC purchased a new stake in Nasdaq during the first quarter worth $189,000. The value of the investment in Nasdaq, Inc. decreased from $8,227,000 to $7,400,000 a change of 10.1% since the last quarter. Finally, Jefferies Group LLC reaffirmed a "hold" rating and set a $71.00 price target (up previously from $68.00) on shares of Nasdaq in a research note on Monday, July 17th. State Street Corp now owns 5,296,709 shares of the financial services provider's stock worth $367,865,000 after buying an additional 20,813 shares during the period.

Nasdaq, Inc. has a one year low of $63.30 and a one year high of $76.79.

Shares of Nasdaq (NASDAQ:NDAQ) opened at 75.50 on Monday. 673,643 shares of the company traded hands.

The company's P/E ratio is 58.38 and market capitalization is 12.61B. The stock's 50 day moving average is $69.05 and its 200-day moving average is $69.14.

Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $1.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.96 by $0.06. The company had revenue of $602 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 business's quarterly revenue was up 7.7% compared to the same quarter a year ago. During the same quarter previous year, the company posted $0.91 EPS. On average, equities analysts forecast that Nasdaq will post $4.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.38 dividend. The ex-dividend date was Wednesday, June 14th. This represents a $1.52 annualized dividend and a dividend yield of 2.02%. Nasdaq's dividend payout ratio is 118.75%.

Shares of Nasdaq, Inc.

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NDAQ has been the topic of several other research reports. BidaskClub raised Nasdaq from a "hold" rating to a "buy" rating in a research note on Friday, August 4th. UBS AG restated a "buy" rating and issued a $81.00 price objective (down from $85.00) on shares of Nasdaq in a report on Friday, April 28th. Royal Bank Of Canada raised their price target on shares of Nasdaq from $70.00 to $74.00 and gave the company a "sector perform" rating in a research note on Thursday, April 27th. Finally, Evercore ISI reissued an "in-line" rating and set a $74.00 price objective on shares of Nasdaq in a research note on Friday, April 28th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Nasdaq has an average rating of "Buy" and an average target price of $75.22.

In other news, insider Edward S. Knight sold 15,000 shares of the company's stock in a transaction dated Friday, July 28th. The shares were sold on July 28th for an average price of $74.39. Following the completion of the sale, the insider now owns 78,063 shares in the company, valued at approximately $5,807,106.57. Renaissance Technologies LLC now owns 637,808 shares of the financial services provider's stock worth $45,597,000 after buying an additional 49,908 shares during the period. Pacer Advisors Inc. increased its position in Nasdaq by 3.4% in the first quarter.

Nasdaq, Inc (Nasdaq) is a holding company.

The company is up by 1.33 percent from yesterday's close. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.