Intercontinental Exchange Inc (ICE) : Appleton Partners Incma scooped up 1,022 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 20,052 shares of Intercontinental Exchange Inc which is valued at $5,574,857.Intercontinental Exchange Inc makes up approximately 1.10% of Appleton Partners Incma’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities reduced its stake in ICE by selling 21,543 shares or 96.92% in the most recent quarter. The Hedge Fund company now holds 685 shares of ICE which is valued at $190,444.Laurel Grove Capital reduced its stake in ICE by selling 50 shares or 1.23% in the most recent quarter. The Hedge Fund company now holds 4,000 shares of ICE which is valued at $1,052,680. Intercontinental Exchange Inc makes up approx 0.62% of Laurel Grove Capital’s portfolio. Cutler Group Lp added ICE to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $12,979.British Columbia Investment Management Corp boosted its stake in ICE in the latest quarter, The investment management firm added 5,304 additional shares and now holds a total of 84,438 shares of Intercontinental Exchange Inc which is valued at $21,691,278. Intercontinental Exchange Inc makes up approx 0.19% of British Columbia Investment Management Corp’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.