PFG Investments LLC purchased a brand new stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) through the third quarter, in response to the corporate in its most up-to-date disclosure with the SEC. The fund purchased 3,626 shares of the monetary providers supplier’s inventory, valued at roughly $265,000.
Numerous different giant traders additionally not too long ago made adjustments to their positions within the enterprise. First Pacific Monetary grew its place in Nasdaq by 1.0% through the third quarter. First Pacific Monetary now owns 13,842 shares of the monetary providers supplier’s inventory valued at $1,011,000 after buying an extra 142 shares within the final quarter. Signaturefd LLC grew its holdings in shares of Nasdaq by 2.5% through the third quarter. Signaturefd LLC now owns 6,584 shares of the monetary providers supplier’s inventory valued at $481,000 after buying an extra 162 shares within the final quarter. Smithfield Belief Co elevated its stake in shares of Nasdaq by 22.0% within the first quarter. Smithfield Belief Co now owns 960 shares of the monetary providers supplier’s inventory price $59,000 after buying an extra 173 shares over the last quarter. Evergreen Capital Administration LLC raised its holdings in shares of Nasdaq by 5.4% through the second quarter. Evergreen Capital Administration LLC now owns 3,826 shares of the monetary providers supplier’s inventory price $231,000 after buying an extra 197 shares within the final quarter. Lastly, Oregon Public Workers Retirement Fund boosted its place in Nasdaq by 0.6% through the second quarter. Oregon Public Workers Retirement Fund now owns 32,647 shares of the monetary providers supplier’s inventory valued at $1,967,000 after buying an extra 200 shares over the last quarter. Institutional traders and hedge funds personal 72.47% of the corporate’s inventory.
Nasdaq Buying and selling Down 0.4 %
Shares of Nasdaq inventory opened at $75.55 on Thursday. Nasdaq, Inc. has a 1 yr low of $48.47 and a 1 yr excessive of $76.71. The corporate’s fifty day easy shifting common is $72.88 and its 200-day easy shifting common is $65.97. The corporate has a market cap of $43.51 billion, a price-to-earnings ratio of 45.24, a PEG ratio of three.10 and a beta of 0.95. The corporate has a present ratio of 0.95, a fast ratio of 0.94 and a debt-to-equity ratio of 0.84.
Nasdaq (NASDAQ:NDAQ – Get Free Report) final posted its quarterly earnings outcomes on Thursday, October twenty fourth. The monetary providers supplier reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.05. Nasdaq had a internet margin of 13.67% and a return on fairness of 14.56%. The corporate had income of $1.15 billion for the quarter, in comparison with analyst estimates of $1.17 billion. Throughout the identical interval final yr, the enterprise posted $0.71 EPS. The enterprise’s quarterly income was up 21.9% on a year-over-year foundation. As a bunch, sell-side analysts anticipate that Nasdaq, Inc. will put up 2.76 EPS for the present yr.
Nasdaq Declares Dividend
The corporate additionally not too long ago declared a quarterly dividend, which will probably be paid on Friday, December twentieth. Buyers of document on Friday, December sixth will probably be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, December sixth. This represents a $0.96 annualized dividend and a yield of 1.27%. Nasdaq’s dividend payout ratio is 57.49%.
Analyst Upgrades and Downgrades
Numerous analysis corporations have not too long ago weighed in on NDAQ. UBS Group raised their value goal on Nasdaq from $73.00 to $79.00 and gave the inventory a “impartial” score in a analysis notice on Tuesday, October eighth. Deutsche Financial institution Aktiengesellschaft raised their value goal on shares of Nasdaq from $66.00 to $72.00 and gave the corporate a “maintain” score in a analysis report on Thursday, August fifteenth. Piper Sandler boosted their goal value on shares of Nasdaq from $73.00 to $80.00 and gave the inventory an “obese” score in a analysis report on Tuesday, October eighth. Barclays raised their value goal on shares of Nasdaq from $84.00 to $87.00 and gave the corporate an “obese” score in a report on Friday, October twenty fifth. Lastly, Morgan Stanley upped their value goal on shares of Nasdaq from $92.00 to $93.00 and gave the inventory an “obese” score in a report on Friday, October twenty fifth. One analysis analyst has rated the inventory with a promote score, 5 have assigned a maintain score and eleven have assigned a purchase score to the inventory. In accordance with information from MarketBeat.com, the inventory presently has a mean score of “Reasonable Purchase” and a mean value goal of $79.27.
View Our Newest Analysis Report on NDAQ
Insiders Place Their Bets
In different information, insider Laptop Nelson Griggs bought 6,000 shares of the enterprise’s inventory in a transaction that occurred on Monday, October twenty eighth. The inventory was bought at a mean value of $75.71, for a complete transaction of $454,260.00. Following the sale, the insider now immediately owns 215,563 shares within the firm, valued at roughly $16,320,274.73. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is accessible by the SEC web site. In different information, insider Laptop Nelson Griggs bought 6,000 shares of Nasdaq inventory in a transaction dated Monday, October twenty eighth. The shares have been bought at a mean value of $75.71, for a complete transaction of $454,260.00. Following the sale, the insider now immediately owns 215,563 shares within the firm, valued at roughly $16,320,274.73. The commerce was a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by the SEC web site. Additionally, EVP Bradley J. Peterson bought 13,642 shares of the corporate’s inventory in a transaction dated Monday, October twenty eighth. The shares have been bought at a mean value of $75.32, for a complete transaction of $1,027,515.44. Following the completion of the sale, the manager vice chairman now immediately owns 142,830 shares within the firm, valued at roughly $10,757,955.60. The commerce was a 0.00 % lower of their place. The disclosure for this sale might be discovered right here. Company insiders personal 0.70% of the corporate’s inventory.
Nasdaq Firm Profile
Nasdaq, Inc operates as a expertise firm that serves capital markets and different industries worldwide. It operates in three segments: Capital Entry Platforms, Monetary Know-how, and Market Providers. The Capital Entry Platforms phase sells and distributes historic and real-time market information; and develops and licenses Nasdaq-branded indices and monetary merchandise.
See Additionally
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