Signaturefd LLC boosted its holdings in Nasdaq, Inc. (NASDAQ:NDAQ – Get Rating) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,869 shares of the financial services provider’s stock after acquiring an additional 648 shares during the quarter. Signaturefd LLC’s holdings in Nasdaq were worth $544,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Eqis Capital Management Inc. grew its stake in Nasdaq by 187.5% during the third quarter. Eqis Capital Management Inc. now owns 9,373 shares of the financial services provider’s stock worth $531,000 after buying an additional 6,113 shares during the last quarter. Federated Hermes Inc. lifted its position in shares of Nasdaq by 168.8% during the third quarter. Federated Hermes Inc. now owns 223,844 shares of the financial services provider’s stock worth $12,687,000 after purchasing an additional 140,571 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in shares of Nasdaq by 197.8% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 4,050 shares of the financial services provider’s stock worth $230,000 after purchasing an additional 2,690 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Nasdaq by 208.5% during the third quarter. UBS Asset Management Americas Inc. now owns 1,411,223 shares of the financial services provider’s stock worth $79,988,000 after purchasing an additional 953,784 shares in the last quarter. Finally, Canandaigua National Corp lifted its position in shares of Nasdaq by 185.2% during the third quarter. Canandaigua National Corp now owns 13,942 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 9,053 shares in the last quarter. Institutional investors own 73.01% of the company’s stock.
Insider Buying and Selling at Nasdaq
In other Nasdaq news, EVP Bryan Everard Smith sold 6,000 shares of Nasdaq stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of $57.06, for a total value of $342,360.00. Following the sale, the executive vice president now directly owns 56,083 shares in the company, valued at approximately $3,200,095.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Bryan Everard Smith sold 6,000 shares of Nasdaq stock in a transaction dated Thursday, February 23rd. The shares were sold at an average price of $57.06, for a total value of $342,360.00. Following the completion of the transaction, the executive vice president now owns 56,083 shares of the company’s stock, valued at approximately $3,200,095.98. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Jeremy Skule sold 2,100 shares of Nasdaq stock in a transaction dated Monday, January 23rd. The shares were sold at an average price of $61.75, for a total transaction of $129,675.00. Following the completion of the transaction, the executive vice president now directly owns 72,567 shares of the company’s stock, valued at approximately $4,481,012.25. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,198 shares of company stock worth $712,669. Insiders own 0.68% of the company’s stock.
Analysts Set New Price Targets
Nasdaq Trading Up 1.2 %
Shares of NASDAQ:NDAQ opened at $55.56 on Friday. Nasdaq, Inc. has a 12 month low of $46.77 and a 12 month high of $69.22. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.77. The company’s fifty day simple moving average is $55.64 and its 200 day simple moving average is $59.70. The firm has a market cap of $27.17 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 4.53 and a beta of 0.97.
Nasdaq (NASDAQ:NDAQ – Get Rating) last issued its quarterly earnings results on Wednesday, January 25th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.01). Nasdaq had a net margin of 18.08% and a return on equity of 22.12%. The business had revenue of $906.00 million during the quarter, compared to analyst estimates of $908.94 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. As a group, research analysts forecast that Nasdaq, Inc. will post 2.69 EPS for the current fiscal year.
Nasdaq Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 17th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, March 16th. This represents a $0.80 annualized dividend and a yield of 1.44%. Nasdaq’s payout ratio is currently 35.56%.
About Nasdaq
Nasdaq, Inc is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information, and public and private company services. It operates through the following segments: Market Technology, Investment Intelligence, Corporate Platforms, and Market Services.
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