Intercontinental Exchange Inc (ICE) : Cookson Peirce Co Inc scooped up 962 additional shares in Intercontinental Exchange Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 50,583 shares of Intercontinental Exchange Inc which is valued at $14,063,086.Intercontinental Exchange Inc makes up approximately 2.03% of Cookson Peirce Co Inc’s portfolio.
Other Hedge Funds, Including , Cantillon Capital Management boosted its stake in ICE in the latest quarter, The investment management firm added 21,450 additional shares and now holds a total of 1,038,882 shares of Intercontinental Exchange Inc which is valued at $288,829,974. Intercontinental Exchange Inc makes up approx 4.59% of Cantillon Capital Management’s portfolio.Columbus Circle Investors reduced its stake in ICE by selling 2,630 shares or 4.11% in the most recent quarter. The Hedge Fund company now holds 61,293 shares of ICE which is valued at $17,040,680. Intercontinental Exchange Inc makes up approx 0.16% of Columbus Circle Investors’s portfolio.Meeder Asset Management Inc reduced its stake in ICE by selling 1,212 shares or 40.78% in the most recent quarter. The Hedge Fund company now holds 1,760 shares of ICE which is valued at $463,179. Intercontinental Exchange Inc makes up approx 0.04% of Meeder Asset Management Inc’s portfolio.Chesley Taft Associates reduced its stake in ICE by selling 69 shares or 0.33% in the most recent quarter. The Hedge Fund company now holds 20,826 shares of ICE which is valued at $5,480,778. Intercontinental Exchange Inc makes up approx 0.54% of Chesley Taft Associates’s portfolio.Nn Investment Partners Holdings N.v. reduced its stake in ICE by selling 850 shares or 6.29% in the most recent quarter. The Hedge Fund company now holds 12,655 shares of ICE which is valued at $3,284,985. Intercontinental Exchange Inc makes up approx 0.03% of Nn Investment Partners Holdings N.v.’s portfolio.
Intercontinental Exchange Inc closed down -1.27 points or -0.46% at $276.8 with 5,90,614 shares getting traded on Monday. Post opening the session at $277.38, the shares hit an intraday low of $274.53 and an intraday high of $277.38 and the price fluctuated in this range throughout the day.Shares ended Monday 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.