Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Erste Asset Management GmbH

Erste Asset Management GmbH increased its holdings in Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) by 210.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,828 shares of the financial services provider's stock after acquiring an additional 16,153 shares during the quarter. Erste Asset Management GmbH's holdings in Nasdaq were worth $1,869,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Citizens Financial Group Inc. RI increased its stake in Nasdaq by 3.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,975 shares of the financial services provider's stock valued at $290,000 after buying an additional 137 shares during the period. Allworth Financial LP increased its stake in Nasdaq by 12.3% in the 4th quarter. Allworth Financial LP now owns 1,292 shares of the financial services provider's stock valued at $104,000 after buying an additional 141 shares during the period. Harbor Capital Advisors Inc. increased its stake in Nasdaq by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 9,818 shares of the financial services provider's stock valued at $759,000 after buying an additional 148 shares during the period. Brooklyn Investment Group increased its stake in Nasdaq by 8.5% in the 4th quarter. Brooklyn Investment Group now owns 1,899 shares of the financial services provider's stock valued at $147,000 after buying an additional 148 shares during the period. Finally, Crestwood Advisors Group LLC increased its stake in Nasdaq by 4.1% in the 4th quarter. Crestwood Advisors Group LLC now owns 3,822 shares of the financial services provider's stock valued at $295,000 after buying an additional 152 shares during the period. 72.47% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling at Nasdaq

In other news, EVP Bryan Everard Smith sold 3,500 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $81.56, for a total transaction of $285,460.00. Following the completion of the transaction, the executive vice president now owns 55,576 shares of the company's stock, valued at $4,532,778.56. This represents a 5.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Sarah Youngwood sold 14,959 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $73.68, for a total transaction of $1,102,179.12. Following the transaction, the executive vice president now directly owns 59,694 shares of the company's stock, valued at approximately $4,398,253.92. This represents a 20.04 % decrease in their position. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

Nasdaq Price Performance

Shares of Nasdaq stock traded up $1.28 on Wednesday, hitting $76.58. The company's stock had a trading volume of 2,248,735 shares, compared to its average volume of 2,768,518. Nasdaq, Inc. has a 52-week low of $58.10 and a 52-week high of $84.15. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.81. The firm has a fifty day moving average price of $79.23 and a 200-day moving average price of $77.38. The company has a market capitalization of $44.04 billion, a P/E ratio of 39.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.96.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. Nasdaq had a net margin of 15.10% and a return on equity of 14.82%. On average, equities research analysts expect that Nasdaq, Inc. will post 3.18 earnings per share for the current fiscal year.

Nasdaq Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.24 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 1.25%. Nasdaq's dividend payout ratio (DPR) is 50.00%.

Analyst Ratings Changes

NDAQ has been the topic of several recent research reports. UBS Group boosted their price objective on shares of Nasdaq from $79.00 to $89.00 and gave the company a "neutral" rating in a research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft raised shares of Nasdaq from a "hold" rating to a "buy" rating and boosted their price objective for the company from $80.00 to $98.00 in a research note on Wednesday, January 8th. Barclays decreased their target price on shares of Nasdaq from $96.00 to $95.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Citigroup boosted their target price on shares of Nasdaq from $78.00 to $84.00 and gave the stock a "neutral" rating in a research report on Friday, January 10th. Finally, William Blair initiated coverage on shares of Nasdaq in a research report on Monday, November 25th. They set an "outperform" rating on the stock. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $86.88.

About Nasdaq

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.