Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Signaturefd LLC

Signaturefd LLC raised its holdings in Nasdaq, Inc. (NASDAQ:NDAQ) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,893 shares of the financial services provider’s stock after acquiring an additional 309 shares during the quarter. Signaturefd LLC’s holdings in Nasdaq were worth $533,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NDAQ. Empowered Funds LLC lifted its holdings in Nasdaq by 25.4% in the third quarter. Empowered Funds LLC now owns 8,860 shares of the financial services provider’s stock valued at $647,000 after acquiring an additional 1,795 shares during the period. Mutual of America Capital Management LLC raised its stake in shares of Nasdaq by 6.2% during the 3rd quarter. Mutual of America Capital Management LLC now owns 50,959 shares of the financial services provider’s stock worth $3,721,000 after buying an additional 2,974 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Nasdaq during the 3rd quarter worth $124,000. Caprock Group LLC raised its stake in shares of Nasdaq by 10.2% during the 3rd quarter. Caprock Group LLC now owns 8,003 shares of the financial services provider’s stock worth $584,000 after buying an additional 744 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Nasdaq during the 3rd quarter worth $3,806,000. Institutional investors and hedge funds own 72.47% of the company’s stock.

Analyst Ratings Changes

NDAQ has been the subject of several research reports. William Blair initiated coverage on Nasdaq in a research note on Monday, November 25th. They set an “outperform” rating for the company. JPMorgan Chase & Co. lifted their price target on Nasdaq from $88.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Citigroup lifted their price target on Nasdaq from $78.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. StockNews.com downgraded Nasdaq from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods lifted their price objective on Nasdaq from $86.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $86.88.

Nasdaq Stock Up 0.4 %

NDAQ opened at $76.91 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.99 and a quick ratio of 0.95. The stock has a market capitalization of $44.23 billion, a price-to-earnings ratio of 40.06, a price-to-earnings-growth ratio of 2.12 and a beta of 0.96. The business has a 50-day moving average of $79.18 and a two-hundred day moving average of $77.38. Nasdaq, Inc. has a 12 month low of $58.10 and a 12 month high of $84.15.

Nasdaq (NASDAQ:NDAQ) last posted 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 return on equity of 14.82% and a net margin of 15.10%. On average, research analysts expect that Nasdaq, Inc. will post 3.18 earnings per share for the current year.

Nasdaq Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, March 14th. Nasdaq’s payout ratio is currently 50.00%.

Insider Transactions at Nasdaq

In related news, EVP Sarah Youngwood sold 14,959 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $73.68, for a total transaction of $1,102,179.12. Following the transaction, the executive vice president now directly owns 59,694 shares of the company’s stock, valued at approximately $4,398,253.92. The trade was a 20.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Bryan Everard Smith sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $81.56, for a total value of $285,460.00. Following the transaction, the executive vice president now directly owns 55,576 shares in the company, valued at $4,532,778.56. This trade represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.70% of the company’s stock.

Nasdaq Profile

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.