Compass Capital Corp MA ADV Invests $1.28 Million in Nasdaq, Inc. (NASDAQ:NDAQ)

Compass Capital Corp MA ADV bought a new position in Nasdaq, Inc. (NASDAQ:NDAQ) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,779 shares of the financial services provider’s stock, valued at approximately $1,283,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Planning boosted its stake in Nasdaq by 6.8% in the 3rd quarter. Creative Planning now owns 54,917 shares of the financial services provider’s stock worth $4,010,000 after purchasing an additional 3,475 shares in the last quarter. Blue Trust Inc. boosted its stake in Nasdaq by 96.3% in the 3rd quarter. Blue Trust Inc. now owns 2,846 shares of the financial services provider’s stock worth $208,000 after purchasing an additional 1,396 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Nasdaq by 12.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 20,301 shares of the financial services provider’s stock worth $1,482,000 after purchasing an additional 2,171 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Nasdaq by 3.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 50,862 shares of the financial services provider’s stock worth $3,713,000 after purchasing an additional 1,656 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in Nasdaq by 2.5% in the 3rd quarter. Signaturefd LLC now owns 6,584 shares of the financial services provider’s stock worth $481,000 after purchasing an additional 162 shares in the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on NDAQ shares. JPMorgan Chase & Co. upped their price target on shares of Nasdaq from $88.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Barclays dropped their price target on shares of Nasdaq from $96.00 to $95.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Nasdaq from a “hold” rating to a “buy” rating and upped their price target for the stock from $80.00 to $98.00 in a research note on Wednesday, January 8th. Oppenheimer upped their target price on shares of Nasdaq from $86.00 to $89.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Finally, UBS Group upped their target price on shares of Nasdaq from $79.00 to $89.00 and gave the company a “neutral” rating in a research note on Thursday, January 30th. Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.88.

Nasdaq Price Performance

NASDAQ NDAQ opened at $82.54 on Friday. Nasdaq, Inc. has a 52 week low of $55.11 and a 52 week high of $84.15. The firm has a market capitalization of $47.44 billion, a P/E ratio of 42.99, a PEG ratio of 2.12 and a beta of 0.99. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average price of $79.61 and a 200-day moving average price of $76.30.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $0.76 EPS for the quarter, beating the consensus estimate of $0.74 by $0.02. Nasdaq had a net margin of 15.10% and a return on equity of 14.82%. Equities research analysts anticipate that Nasdaq, Inc. will post 3.17 earnings per share for the current year.

Nasdaq Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Friday, March 14th. Nasdaq’s payout ratio is 50.00%.

Insiders Place Their Bets

In other Nasdaq news, EVP Bryan Everard Smith sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $81.56, for a total transaction of $285,460.00. Following the sale, the executive vice president now owns 55,576 shares in the company, valued at approximately $4,532,778.56. This trade represents a 5.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

About Nasdaq

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.