Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) by 16.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,023 shares of the financial services provider's stock after acquiring an additional 8,273 shares during the quarter. Yousif Capital Management LLC's holdings in Nasdaq were worth $4,563,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NDAQ. Wellington Management Group LLP boosted its stake in Nasdaq by 163.3% in the 3rd quarter. Wellington Management Group LLP now owns 38,833,510 shares of the financial services provider's stock worth $2,835,235,000 after purchasing an additional 24,084,154 shares during the period. State Street Corp raised its holdings in shares of Nasdaq by 11.2% during the 3rd quarter. State Street Corp now owns 17,951,698 shares of the financial services provider's stock worth $1,310,653,000 after acquiring an additional 1,811,616 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Nasdaq by 9.5% during the 3rd quarter. Geode Capital Management LLC now owns 10,761,240 shares of the financial services provider's stock worth $783,181,000 after acquiring an additional 932,665 shares in the last quarter. Harris Associates L P raised its holdings in Nasdaq by 14.6% during the 3rd quarter. Harris Associates L P now owns 8,596,022 shares of the financial services provider's stock valued at $627,596,000 after buying an additional 1,096,090 shares during the period. Finally, Mizuho Securities USA LLC raised its holdings in Nasdaq by 13,532.3% during the 3rd quarter. Mizuho Securities USA LLC now owns 4,000,000 shares of the financial services provider's stock valued at $292,040,000 after buying an additional 3,970,658 shares during the period. 72.47% of the stock is currently owned by institutional investors.

Nasdaq Stock Down 1.1 %

NDAQ stock traded down $0.92 during trading on Tuesday, reaching $80.29. 2,497,939 shares of the company traded hands, compared to its average volume of 2,840,581. Nasdaq, Inc. has a 12 month low of $54.90 and a 12 month high of $84.15. The business has a 50 day simple moving average of $79.53 and a 200 day simple moving average of $75.75. The company has a market capitalization of $46.15 billion, a price-to-earnings ratio of 41.82, a price-to-earnings-growth ratio of 2.15 and a beta of 0.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.95 and a current ratio of 0.99.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. Nasdaq had a return on equity of 14.82% and a net margin of 15.10%. On average, equities research analysts anticipate that Nasdaq, Inc. will post 3.17 earnings per share for the current fiscal year.

Nasdaq Dividend Announcement

The firm 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 1.20%. The ex-dividend date is Friday, March 14th. Nasdaq's dividend payout ratio (DPR) is presently 50.00%.

Analysts Set New Price Targets

NDAQ has been the topic of several recent research reports. Morgan Stanley increased their price target on Nasdaq from $92.00 to $93.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Oppenheimer increased their price target on Nasdaq from $86.00 to $89.00 and gave the company an "outperform" rating in a report on Monday, January 13th. Deutsche Bank Aktiengesellschaft upgraded Nasdaq from a "hold" rating to a "buy" rating and increased their target price for the stock from $80.00 to $98.00 in a research note on Wednesday, January 8th. Raymond James increased their target price on Nasdaq from $83.00 to $84.00 and gave the stock an "outperform" rating in a research note on Thursday, January 9th. Finally, JPMorgan Chase & Co. increased their target price on Nasdaq from $88.00 to $95.00 and gave the stock an "overweight" rating in a research note on Thursday, January 30th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $86.88.

Insider Buying and Selling at Nasdaq

In other Nasdaq news, EVP Jeremy Skule sold 12,075 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $78.75, for a total value of $950,906.25. Following the completion of the sale, the executive vice president now directly owns 102,505 shares in the company, valued at approximately $8,072,268.75. This trade represents a 10.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Bryan Everard Smith sold 3,500 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $81.56, for a total value of $285,460.00. Following the completion of the sale, the executive vice president now owns 55,576 shares of the company's stock, valued at approximately $4,532,778.56. This trade represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by company insiders.

Nasdaq 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.