Nasdaq Inc (NDAQ) : Ngam Advisors reduced its stake in Nasdaq Inc by 7.65% during the Q4 period. The investment management company now holds a total of 312,535 shares of Nasdaq Inc which is valued at $20.2 Million after selling 25,880 shares in Nasdaq Inc according to the most recent disclosure to the SEC.Nasdaq Inc makes up approximately 0.33% of Ngam Advisors’s portfolio.
Other Hedge Funds, Including , Bowling Portfolio Management boosted its stake in NDAQ during the Q4 period, The investment management firm added 1,721 additional shares and now holds a total of 25,913 shares of Nasdaq Inc which is valued at $1.7 Million. Nasdaq Inc makes up approx 0.37% of Bowling Portfolio Management’s portfolio. Moors Cabot sold out all of its stake in NDAQ during the fourth quarter. The investment firm sold 4,203 shares of NDAQ which is valued $271,136.Finemark National Bank Trust boosted its stake in NDAQ during the Q4 period, The investment management firm added 65 additional shares and now holds a total of 1,110 shares of Nasdaq Inc which is valued at $71,606. Nasdaq Inc makes up approx 0.01% of Finemark National Bank Trust’s portfolio.Intrust Bank Na reduced its stake in NDAQ by selling 335 shares or 4.27% during the fourth quarter. The Hedge Fund company now holds 7,506 shares of NDAQ which is valued at $484,212. Nasdaq Inc makes up approx 0.18% of Intrust Bank Na’s portfolio.Investors Capital Advisory Services boosted its stake in NDAQ during the Q4 period, The investment management firm added 641 additional shares and now holds a total of 4,537 shares of Nasdaq Inc which is valued at $292,682. Nasdaq Inc makes up approx 0.06% of Investors Capital Advisory Services’s portfolio.
On the company’s financial health, Nasdaq Inc reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.88. The company had revenue of $536.00 million for the quarter, compared to analysts expectations of $528.94 million. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.
Many Wall Street Analysts have commented on Nasdaq Inc. Nasdaq Inc was Downgraded by Raymond James to ” Outperform” on Mar 23, 2016. Company shares were Reiterated by Barclays on Feb 16, 2016 to “Overweight”, Firm has raised the Price Target to $ 67 from a previous price target of $66 .Shares were Reiterated by UBS on Jan 29, 2016 to “Buy” and Lowered the Price Target to $ 66 from a previous price target of $67 .
Nasdaq Inc closed down -0.24 points or -0.37% at $64.27 with 31,01,255 shares getting traded on Monday. Post opening the session at $64.25, the shares hit an intraday low of $63.68 and an intraday high of $64.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.