Nasdaq, Inc. (NASDAQ:NDAQ) Receives $85.73 Average PT from Analysts

Shares of Nasdaq, Inc. (NASDAQ:NDAQ - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eighteen ratings firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $86.25.

A number of analysts recently issued reports on NDAQ shares. Bank of America lowered their target price on Nasdaq from $90.00 to $88.00 and set a "buy" rating for the company in a research note on Thursday, October 3rd. StockNews.com raised shares of Nasdaq from a "sell" rating to a "hold" rating in a research report on Saturday, December 14th. Barclays dropped their price objective on shares of Nasdaq from $96.00 to $95.00 and set an "overweight" rating on the stock in a report on Thursday. UBS Group upped their target price on shares of Nasdaq from $73.00 to $79.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 8th. Finally, JPMorgan Chase & Co. lifted their price target on Nasdaq from $88.00 to $95.00 and gave the company an "overweight" rating in a research note on Thursday.

Insider Transactions at Nasdaq

In other news, EVP Jeremy Skule sold 12,000 shares of Nasdaq stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $77.92, for a total transaction of $935,040.00. Following the completion of the sale, the executive vice president now owns 114,580 shares of the company's stock, valued at approximately $8,928,073.60. This trade represents a 9.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Pc Nelson Griggs sold 5,742 shares of the company's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $77.34, for a total transaction of $444,086.28. Following the completion of the transaction, the insider now owns 205,821 shares in the company, valued at $15,918,196.14. This trade represents a 2.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,817 shares of company stock worth $2,330,033 in the last ninety days. Insiders own 0.70% of the company's stock.

Institutional Trading of Nasdaq

Large investors have recently made changes to their positions in the company. Everhart Financial Group Inc. boosted its holdings in shares of Nasdaq by 3.9% in the 4th quarter. Everhart Financial Group Inc. now owns 6,273 shares of the financial services provider's stock valued at $485,000 after purchasing an additional 234 shares in the last quarter. Montag A & Associates Inc. raised its stake in Nasdaq by 8.0% during the fourth quarter. Montag A & Associates Inc. now owns 62,582 shares of the financial services provider's stock worth $4,838,000 after acquiring an additional 4,619 shares in the last quarter. Chevy Chase Trust Holdings LLC lifted its holdings in shares of Nasdaq by 3.0% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 1,019,333 shares of the financial services provider's stock worth $78,805,000 after acquiring an additional 29,268 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in shares of Nasdaq by 6.4% during the 4th quarter. V Square Quantitative Management LLC now owns 13,151 shares of the financial services provider's stock valued at $1,017,000 after purchasing an additional 788 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its position in Nasdaq by 4.2% during the 4th quarter. Vontobel Holding Ltd. now owns 24,890 shares of the financial services provider's stock worth $1,924,000 after purchasing an additional 1,014 shares in the last quarter. Institutional investors and hedge funds own 72.47% of the company's stock.

Nasdaq Trading Up 0.7 %

Shares of NASDAQ NDAQ traded up $0.55 during midday trading on Thursday, reaching $82.28. 2,948,595 shares of the stock were exchanged, compared to its average volume of 2,850,804. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.95 and a quick ratio of 0.95. Nasdaq has a 12 month low of $54.90 and a 12 month high of $83.77. The business has a 50-day simple moving average of $79.50 and a two-hundred day simple moving average of $74.51. The company has a market capitalization of $47.29 billion, a price-to-earnings ratio of 49.27, a P/E/G ratio of 2.77 and a beta of 0.98.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last posted 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 return on equity of 14.56% and a net margin of 13.67%. As a group, equities research analysts expect that Nasdaq will post 2.81 EPS for the current year.

Nasdaq Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Friday, March 14th. Nasdaq's dividend payout ratio is currently 57.49%.

Nasdaq Company Profile

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.