Nasdaq, Inc. $NDAQ Shares Purchased by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 113.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,493 shares of the financial services provider’s stock after buying an additional 9,817 shares during the quarter. MUFG Securities EMEA plc’s holdings in Nasdaq were worth $1,796,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Texas Yale Capital Corp. grew its holdings in Nasdaq by 5.6% during the 4th quarter. Texas Yale Capital Corp. now owns 32,089 shares of the financial services provider’s stock valued at $3,117,000 after buying an additional 1,711 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Nasdaq by 2.5% during the 4th quarter. BNP Paribas Financial Markets now owns 1,063,278 shares of the financial services provider’s stock valued at $103,276,000 after buying an additional 26,185 shares during the last quarter. Gulf International Bank UK Ltd grew its holdings in Nasdaq by 1.0% during the 4th quarter. Gulf International Bank UK Ltd now owns 21,891 shares of the financial services provider’s stock valued at $2,126,000 after buying an additional 209 shares during the last quarter. Catalyst Capital Advisors LLC grew its holdings in Nasdaq by 75.5% during the 4th quarter. Catalyst Capital Advisors LLC now owns 1,525 shares of the financial services provider’s stock valued at $148,000 after buying an additional 656 shares during the last quarter. Finally, Forsta AP Fonden grew its holdings in Nasdaq by 5.8% during the 4th quarter. Forsta AP Fonden now owns 100,500 shares of the financial services provider’s stock valued at $9,762,000 after buying an additional 5,500 shares during the last quarter. Institutional investors and hedge funds own 72.47% of the company’s stock.

Insider Transactions at Nasdaq

In other Nasdaq news, SVP Michelle Lynn Daly sold 1,323 shares of the firm’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $88.82, for a total value of $117,508.86. Following the transaction, the senior vice president directly owned 10,089 shares of the company’s stock, valued at $896,104.98. This trade represents a 11.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Cohen Tal sold 15,518 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $90.75, for a total value of $1,408,258.50. Following the completion of the transaction, the insider directly owned 215,208 shares in the company, valued at $19,530,126. This trade represents a 6.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 231,002 shares of company stock valued at $20,295,941. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on NDAQ shares. Loop Capital set a $113.00 target price on Nasdaq in a report on Friday, April 24th. Wall Street Zen raised Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Barclays increased their price target on Nasdaq from $115.00 to $116.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Keefe, Bruyette & Woods increased their price target on Nasdaq from $92.00 to $97.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Finally, TD Cowen raised Nasdaq from a “hold” rating to a “buy” rating and increased their price target for the stock from $105.00 to $106.00 in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $107.15.

Nasdaq Trading Up 0.3%

Shares of NDAQ opened at $92.81 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $52.49 billion, a P/E ratio of 27.95, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97. The stock’s fifty day simple moving average is $88.32 and its 200 day simple moving average is $90.08. Nasdaq, Inc. has a twelve month low of $77.09 and a twelve month high of $101.79.

Nasdaq (NASDAQ:NDAQ) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. The business had revenue of $2.14 billion for the quarter, compared to analyst estimates of $1.42 billion. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The business’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period last year, the company posted $0.79 EPS. On average, equities research analysts forecast that Nasdaq, Inc. will post 3.86 earnings per share for the current year.

Nasdaq Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a $0.31 dividend. This is an increase from Nasdaq’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. Nasdaq’s dividend payout ratio is 32.53%.

Nasdaq Profile

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.