Capital Analysts Lowers stake in Intercontinental Exchange Inc (ICE)

Intercontinental Exchange Inc (ICE) : Capital Analysts reduced its stake in Intercontinental Exchange Inc by 3.21% during the most recent quarter end. The investment management company now holds a total of 62,330 shares of Intercontinental Exchange Inc which is valued at $3,464,925 after selling 2,065 shares in Intercontinental Exchange Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Intercontinental Exchange Inc makes up approximately 0.66% of Capital Analysts’s portfolio.

Other Hedge Funds, Including , Aqr Capital Management boosted its stake in ICE in the latest quarter, The investment management firm added 280,485 additional shares and now holds a total of 1,375,000 shares of Intercontinental Exchange Inc which is valued at $76,436,250. Intercontinental Exchange Inc makes up approx 0.12% of Aqr Capital Management’s portfolio.Mitsubishi Ufj Trust Banking Corp boosted its stake in ICE in the latest quarter, The investment management firm added 50,365 additional shares and now holds a total of 1,345,465 shares of Intercontinental Exchange Inc which is valued at $77,095,145. Intercontinental Exchange Inc makes up approx 0.16% of Mitsubishi Ufj Trust Banking Corp’s portfolio.Arcadia Investment Management Corpmi reduced its stake in ICE by selling 904 shares or 3.19% in the most recent quarter. The Hedge Fund company now holds 27,400 shares of ICE which is valued at $7,297,168. Intercontinental Exchange Inc makes up approx 2.50% of Arcadia Investment Management Corpmi’s portfolio.Security National Trust Co reduced its stake in ICE by selling 18 shares or 3.5% in the most recent quarter. The Hedge Fund company now holds 497 shares of ICE which is valued at $132,470. Intercontinental Exchange Inc makes up approx 0.05% of Security National Trust Co’s portfolio.Chesley Taft Associates reduced its stake in ICE by selling 225 shares or 1.08% in the most recent quarter. The Hedge Fund company now holds 20,601 shares of ICE which is valued at $5,588,845. Intercontinental Exchange Inc makes up approx 0.57% of Chesley Taft Associates’s portfolio.

Intercontinental Exchange Inc closed down -0.08 points or -0.15% at $54.82 with 33,69,269 shares getting traded on Monday. Post opening the session at $54.71, the shares hit an intraday low of $54.7 and an intraday high of $55.03 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 $3.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Nov 1, 2016. Analyst had a consensus of $3.22. The company had revenue of $1078.00 million for the quarter, compared to analysts expectations of $1081.56 million. The company’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.91 EPS.

Investors should note that on Nov 1, 2016, Intercontinental Exchange Inc announced a cash dividend of $0.8500. The company’s management has announced Dec 13, 2016 as the ex-dividend date and fixed the record date on Dec 15, 2016. The payable date has been fixed on Dec 30, 2016.

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.

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