Nasdaq Inc (NDAQ) : Legacy Private Trust scooped up 35,667 additional shares in Nasdaq Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 39,252 shares of Nasdaq Inc which is valued at $2,511,735.Nasdaq Inc makes up approximately 0.38% of Legacy Private Trust’s portfolio.
Nasdaq Inc closed down -0.28 points or -0.43% at $64.13 with 11,63,775 shares getting traded on Wednesday. Post opening the session at $65.09, the shares hit an intraday low of $63.59 and an intraday high of $65.2453 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Advisory Services Network boosted its stake in NDAQ in the latest quarter, The investment management firm added 177 additional shares and now holds a total of 777 shares of Nasdaq Inc which is valued at $49,720. Nasdaq Inc makes up approx 0.01% of Advisory Services Network’s portfolio. Delta Capital Management added NDAQ to its portfolio by purchasing 3,260 company shares during the most recent quarter which is valued at $208,607. Nasdaq Inc makes up approx 0.14% of Delta Capital Management’s portfolio.British Columbia Investment Management Corp boosted its stake in NDAQ in the latest quarter, The investment management firm added 775 additional shares and now holds a total of 99,236 shares of Nasdaq Inc which is valued at $6,378,890. Nasdaq Inc makes up approx 0.06% of British Columbia Investment Management Corp’s portfolio.Eagle Asset Management Inc reduced its stake in NDAQ by selling 71,639 shares or 39.61% in the most recent quarter. The Hedge Fund company now holds 109,223 shares of NDAQ which is valued at $7,020,854. Nasdaq Inc makes up approx 0.05% of Eagle Asset Management Inc’s portfolio.
On the company’s financial health, Nasdaq Inc reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.89. The company had revenue of $534.00 million for the quarter, compared to analysts expectations of $535.83 million. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Investors should note that on Mar 31, 2016, Nasdaq Inc announced a cash dividend of $0.3200. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 24, 2016.
Many Wall Street Analysts have commented on Nasdaq Inc. Buckingham Research Initiated Nasdaq Inc on Apr 27, 2016 to “Buy”, Price Target of the shares are set at $73.Company shares were Reiterated by UBS on Apr 15, 2016 to “Buy”, Firm has raised the Price Target to $ 75 from a previous price target of $74 .Company shares were Reiterated by RBC Capital Mkts on Apr 13, 2016 to “Outperform”, Firm has raised the Price Target to $ 72 from a previous price target of $69 .
Nasdaq Inc (Nasdaq) formerly The NASDAQ OMX Group Inc. is a holding company. The Company is a provider of trading clearing exchange technology regulatory securities listing information and public company services across six continents. The Company manages operates and provides its products and services in four segments: Market Services Listing Services Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing cash equity trading fixed income currency and commodities trading and clearing and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.