NASDAQ OMX Group (NASDAQ:NDAQ) had its price target increased by BMO Capital Markets from $37.00 to $38.00 in a research report sent to investors on Thursday morning, Analyst Ratings News reports. The firm currently has an outperform rating on the stock.
In other NASDAQ OMX Group news, EVP Anna M. Ewing unloaded 50,000 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $34.51, for a total value of $1,725,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a neutral rating on shares of NASDAQ OMX Group in a research note to investors on Thursday. They now have a $37.00 price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of NASDAQ OMX Group from $33.00 to $35.00 in a research note to investors on Wednesday, October 23rd. They now have a neutral rating on the stock. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of NASDAQ OMX Group from $37.00 to $36.00 in a research note to investors on Wednesday, October 9th. They now have a market perform rating on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of Hold and an average price target of $35.06.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded down 0.06% during mid-day trading on Thursday, hitting $35.68. 521,429 shares of the company’s stock traded hands. NASDAQ OMX Group has a one year low of $22.63 and a one year high of $34.41. The stock has a 50-day moving average of $31.35 and a 200-day moving average of $31.40. The company has a market cap of $5.969 billion and a P/E ratio of 18.49.
NASDAQ OMX Group (NASDAQ:NDAQ) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.04. The company had revenue of $506.00 million for the quarter, compared to the consensus estimate of $502.62 million. During the same quarter last year, the company posted $0.62 earnings per share. NASDAQ OMX Group’s revenue was up 22.8% compared to the same quarter last year. On average, analysts predict that NASDAQ OMX Group will post $2.58 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, December 11th.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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