Banco Santander S.A. Has $30.43 Million Stock Holdings in Intercontinental Exchange, Inc. (NYSE:ICE)

Banco Santander S.A. increased its position in shares of Intercontinental Exchange, Inc. (NYSE:ICE - Free Report) by 38.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,193 shares of the financial services provider's stock after purchasing an additional 56,244 shares during the period. Banco Santander S.A.'s holdings in Intercontinental Exchange were worth $30,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new stake in Intercontinental Exchange during the 4th quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new position in Intercontinental Exchange in the 3rd quarter valued at $29,000. FSA Wealth Management LLC acquired a new position in Intercontinental Exchange in the 3rd quarter valued at $31,000. BankPlus Trust Department acquired a new position in Intercontinental Exchange in the 4th quarter valued at $40,000. Finally, Planning Capital Management Corp raised its holdings in Intercontinental Exchange by 96.7% in the 3rd quarter. Planning Capital Management Corp now owns 299 shares of the financial services provider's stock valued at $48,000 after acquiring an additional 147 shares in the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Intercontinental Exchange news, SVP Douglas Foley sold 10,580 shares of the company's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $166.47, for a total value of $1,761,252.60. Following the sale, the senior vice president now owns 21,992 shares in the company, valued at approximately $3,661,008.24. The trade was a 32.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Christopher Scott Edmonds sold 601 shares of the company's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $147.73, for a total value of $88,785.73. Following the completion of the sale, the insider now owns 12,922 shares in the company, valued at $1,908,967.06. This trade represents a 4.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 68,268 shares of company stock worth $11,262,789 in the last 90 days. Insiders own 1.10% of the company's stock.

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Analyst Ratings Changes

Several brokerages have weighed in on ICE. Deutsche Bank Aktiengesellschaft lifted their price objective on Intercontinental Exchange from $160.00 to $163.00 and gave the company a "hold" rating in a report on Monday, November 11th. JPMorgan Chase & Co. dropped their price objective on Intercontinental Exchange from $190.00 to $189.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Keefe, Bruyette & Woods lifted their price objective on Intercontinental Exchange from $178.00 to $186.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $200.00 price objective on shares of Intercontinental Exchange in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Intercontinental Exchange from a "sell" rating to a "hold" rating in a research note on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $178.80.

Intercontinental Exchange Price Performance

ICE stock traded up $0.75 during midday trading on Friday, reaching $170.40. 3,541,790 shares of the stock were exchanged, compared to its average volume of 2,591,358. The stock has a market capitalization of $97.91 billion, a PE ratio of 35.65, a P/E/G ratio of 2.10 and a beta of 1.08. Intercontinental Exchange, Inc. has a 52 week low of $124.34 and a 52 week high of $175.41. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.99 and a quick ratio of 0.99. The company has a fifty day moving average price of $159.46 and a 200 day moving average price of $159.29.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.52 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by ($0.01). Intercontinental Exchange had a return on equity of 12.95% and a net margin of 23.42%. As a group, analysts expect that Intercontinental Exchange, Inc. will post 6.73 EPS for the current fiscal year.

Intercontinental Exchange Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.92 dividend on an annualized basis and a yield of 1.13%. Intercontinental Exchange's dividend payout ratio is currently 40.17%.

Intercontinental Exchange Profile

Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.