Nasdaq, Inc. (NASDAQ:NDAQ) Receives $86.88 Average PT from Analysts

Shares of Nasdaq, Inc. (NASDAQ:NDAQ - Get Free Report) have been given an average rating of "Moderate Buy" by the eighteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $86.88.

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Nasdaq from a "hold" rating to a "buy" rating and increased their price objective for the stock from $80.00 to $98.00 in a research report on Wednesday, January 8th. Royal Bank of Canada reiterated an "outperform" rating and set a $95.00 price target on shares of Nasdaq in a report on Thursday, January 30th. 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 report on Thursday, January 30th. Citigroup increased their target price on shares of Nasdaq from $78.00 to $84.00 and gave the stock a "neutral" rating in a research note on Friday, January 10th. Finally, William Blair initiated coverage on shares of Nasdaq in a research note on Monday, November 25th. They issued an "outperform" rating on the stock.

Insider Buying and Selling

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

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Institutional Investors Weigh In On Nasdaq

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Citizens Financial Group Inc. RI grew its position in Nasdaq by 3.6% during the third quarter. Citizens Financial Group Inc. RI now owns 3,975 shares of the financial services provider's stock worth $290,000 after buying an additional 137 shares during the period. Allworth Financial LP boosted its position in Nasdaq by 12.3% during the fourth quarter. Allworth Financial LP now owns 1,292 shares of the financial services provider's stock worth $104,000 after purchasing an additional 141 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in Nasdaq by 1.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 9,818 shares of the financial services provider's stock valued at $759,000 after purchasing an additional 148 shares during the last quarter. Brooklyn Investment Group increased its position in shares of Nasdaq by 8.5% in the fourth 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 in the last quarter. Finally, Crestwood Advisors Group LLC raised its stake in shares of Nasdaq by 4.1% during the 4th quarter. Crestwood Advisors Group LLC now owns 3,822 shares of the financial services provider's stock worth $295,000 after buying an additional 152 shares during the last quarter. 72.47% of the stock is currently owned by institutional investors and hedge funds.

Nasdaq Trading Up 0.3 %

Shares of NASDAQ NDAQ traded up $0.26 during trading on Friday, hitting $77.67. 1,677,221 shares of the company were exchanged, compared to its average volume of 2,630,753. The company has a fifty day moving average price of $79.20 and a 200-day moving average price of $77.50. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.95 and a current ratio of 0.99. The firm has a market capitalization of $44.67 billion, a PE ratio of 40.45, a P/E/G ratio of 2.12 and a beta of 0.96. Nasdaq has a 12-month low of $58.10 and a 12-month high of $84.15.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $0.76 EPS for the quarter, topping 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%. As a group, equities research analysts expect that Nasdaq will post 3.18 EPS for the current year.

Nasdaq Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders 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 dividend yield of 1.24%. Nasdaq's payout ratio is 50.00%.

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.