Peddock Capital Advisors buys $464,023 stake in Nasdaq Inc (NDAQ)

Nasdaq Inc (NDAQ) : Peddock Capital Advisors scooped up 1,589 additional shares in Nasdaq Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 6,901 shares of Nasdaq Inc which is valued at $464,023.Nasdaq Inc makes up approximately 0.31% of Peddock Capital Advisors’s portfolio.

Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in NDAQ in the latest quarter, The investment management firm added 437 additional shares and now holds a total of 27,890 shares of Nasdaq Inc which is valued at $1,875,324. Nasdaq Inc makes up approx 0.04% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio. Parametrica Management Ltd sold out all of its stake in NDAQ during the most recent quarter. The investment firm sold 6,042 shares of NDAQ which is valued $403,847.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.

Nasdaq Inc opened for trading at $67.41 and hit $67.42 on the upside on Friday, eventually ending the session at $67.24, with a gain of 0.60% or 0.4 points. The heightened volatility saw the trading volume jump to 6,03,938 shares. Company has a market cap of $11,125 M.

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 Company’s 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.

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