Intercontinental Exchange Inc (ICE) : Exxonmobil Investment Management Inc Tx reduced its stake in Intercontinental Exchange Inc by 1.29% during the most recent quarter end. The investment management company now holds a total of 30,419 shares of Intercontinental Exchange Inc which is valued at $8,131,303 after selling 396 shares in Intercontinental Exchange Inc , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Intercontinental Exchange Inc makes up approximately 0.17% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Trust Co Of Oklahoma reduced its stake in ICE by selling 13 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 2,094 shares of ICE which is valued at $559,747. Intercontinental Exchange Inc makes up approx 0.31% of Trust Co Of Oklahoma’s portfolio.Independent Portfolio Consultants reduced its stake in ICE by selling 65 shares or 8.5% in the most recent quarter. The Hedge Fund company now holds 700 shares of ICE which is valued at $187,817. Intercontinental Exchange Inc makes up approx 0.06% of Independent Portfolio Consultants’s portfolio.Boltwood Capital Management boosted its stake in ICE in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 4,440 shares of Intercontinental Exchange Inc which is valued at $1,191,296. Intercontinental Exchange Inc makes up approx 0.96% of Boltwood Capital Management’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ICE by selling 8,465 shares or 49.34% in the most recent quarter. The Hedge Fund company now holds 8,693 shares of ICE which is valued at $2,332,419. Intercontinental Exchange Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.
Intercontinental Exchange Inc closed down -0.41 points or -0.15% at $267.31 with 3,38,962 shares getting traded on Friday. Post opening the session at $268.1, the shares hit an intraday low of $265.78 and an intraday high of $268.27 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Intercontinental Exchange Inc reported $3.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $3.37. The company had revenue of $1129.00 million for the quarter, compared to analysts expectations of $1120.80 million. The company’s revenue was up 41.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.90 EPS.
Many Wall Street Analysts have commented on Intercontinental Exchange Inc. Company shares were Reiterated by Barclays on Aug 9, 2016 to “Overweight”, Firm has raised the Price Target to $ 307 from a previous price target of $295 .Company shares were Reiterated by Deutsche Bank on Aug 4, 2016 to “Buy”, Firm has raised the Price Target to $ 304 from a previous price target of $295 .Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 282 from a previous price target of $255 .
Intercontinental Exchange Inc. (ICE) is a global operator of regulated exchanges clearing houses and data services for financial and commodity markets. The Company operates marketplaces for trading and clearing an array of securities and derivatives contracts across asset classes including energy and agricultural commodities equities and equity derivatives among others. Its regulated exchanges include futures exchanges in the United States United Kingdom Canada Singapore and Europe three securities exchanges and two equity options exchanges. The Company also operates over-the-counter (OTC) markets for physical energy and credit default swaps (CDS). Its products and services include Regulated Energy Futures Contracts Regulated Agricultural Futures Contracts Regulated Financial Futures Contracts Securities Products and Listings Credit Derivatives Products OTC Energy Products ICE Data Services and New York Stock Exchange (NYSE) Data Services.