Nasdaq Inc (NDAQ) : Legacy Private Trust scooped up 31,617 additional shares in Nasdaq Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 94,691 shares of Nasdaq Inc which is valued at $6,243,925.Nasdaq Inc makes up approximately 0.86% of Legacy Private Trust’s portfolio.
Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in NDAQ by selling 15,271 shares or 13.64% in the most recent quarter. The Hedge Fund company now holds 96,650 shares of NDAQ which is valued at $6,373,101. Nasdaq Inc makes up approx 0.04% of Eagle Asset Management Inc’s portfolio. Cutler Group Lp added NDAQ to its portfolio by purchasing 4,805 company shares during the most recent quarter which is valued at $319,148. Nasdaq Inc makes up approx 0.02% of Cutler Group Lp’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in NDAQ by selling 219 shares or 0.78% in the most recent quarter. The Hedge Fund company now holds 27,722 shares of NDAQ which is valued at $1,841,295. Nasdaq Inc makes up approx 0.04% of Oregon Public Employees Retirement Fund’s portfolio. Simplex Trading sold out all of its stake in NDAQ during the most recent quarter. The investment firm sold 6,260 shares of NDAQ which is valued $419,608.Bnp Paribas Arbitrage Sa reduced its stake in NDAQ by selling 4,187 shares or 21.74% in the most recent quarter. The Hedge Fund company now holds 15,075 shares of NDAQ which is valued at $1,008,065.
Nasdaq Inc closed down -0.48 points or -0.72% at $65.94 with 9,50,219 shares getting traded on Tuesday. Post opening the session at $66.16, the shares hit an intraday low of $65.54 and an intraday high of $66.86 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Nasdaq Inc reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.88. The company had revenue of $559.00 million for the quarter, compared to analysts expectations of $547.55 million. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.
Many Wall Street Analysts have commented on Nasdaq Inc. Company shares were Reiterated by Barclays on Aug 9, 2016 to “Overweight”, Firm has raised the Price Target to $ 80 from a previous price target of $74 .
Nasdaq Inc (Nasdaq) formerly The NASDAQ OMX Group Inc. is a holding company. The Company is a provider of trading clearing exchange technology regulatory securities listing information and public company services across six continents. The Company manages operates and provides its products and services in four segments: Market Services Listing Services Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing cash equity trading fixed income currency and commodities trading and clearing and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.