Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Nasdaq, Inc. (NASDAQ:NDAQ) by 0.2% during the third quarter, Holdings Channel reports. The institutional investor owned 153,300 shares of the financial services provider’s stock after buying an additional 341 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Nasdaq were worth $29,590,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of NDAQ. Invesco Ltd. raised its stake in Nasdaq by 73.7% in the second quarter. Invesco Ltd. now owns 1,212,254 shares of the financial services provider’s stock valued at $213,116,000 after buying an additional 514,553 shares in the last quarter. Amundi acquired a new stake in Nasdaq in the second quarter valued at $65,245,000. Nordea Investment Management AB grew its holdings in shares of Nasdaq by 83.7% during the third quarter. Nordea Investment Management AB now owns 439,200 shares of the financial services provider’s stock worth $86,606,000 after purchasing an additional 200,153 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Nasdaq by 231.4% during the second quarter. Bank of Montreal Can now owns 249,687 shares of the financial services provider’s stock worth $44,461,000 after purchasing an additional 174,341 shares during the last quarter. Finally, Morgan Stanley grew its holdings in shares of Nasdaq by 25.9% during the second quarter. Morgan Stanley now owns 680,027 shares of the financial services provider’s stock worth $119,548,000 after purchasing an additional 139,886 shares during the last quarter. Institutional investors own 71.77% of the company’s stock.

In other Nasdaq news, EVP Ann M. Dennison sold 1,749 shares of Nasdaq stock in a transaction that occurred on Friday, October 22nd. The shares were sold at an average price of $200.76, for a total value of $351,129.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Pc Nelson Griggs sold 1,000 shares of Nasdaq stock in a transaction that occurred on Thursday, October 28th. The stock was sold at an average price of $205.81, for a total transaction of $205,810.00. The disclosure for this sale can be found here. Insiders have sold a total of 4,479 shares of company stock valued at $916,156 over the last 90 days. Insiders own 0.60% of the company’s stock.

A number of equities analysts recently issued reports on NDAQ shares. Rosenblatt Securities raised their price target on Nasdaq from $220.00 to $224.00 and gave the stock a “neutral” rating in a report on Friday, December 10th. Morgan Stanley raised their price target on Nasdaq from $241.00 to $252.00 and gave the stock an “overweight” rating in a report on Tuesday, October 19th. Zacks Investment Research lowered Nasdaq from a “buy” rating to a “hold” rating and set a $200.00 price target on the stock. in a report on Tuesday, September 21st. The Goldman Sachs Group downgraded shares of Nasdaq from a “neutral” rating to a “sell” rating and set a $190.00 price objective for the company. in a research report on Tuesday, January 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Nasdaq from $242.00 to $237.00 in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Nasdaq currently has a consensus rating of “Buy” and an average price target of $207.31.

NDAQ stock opened at $186.00 on Friday. The firm has a 50 day moving average of $203.94 and a 200-day moving average of $196.04. Nasdaq, Inc. has a 12-month low of $134.21 and a 12-month high of $214.96. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.86. The company has a market cap of $31.10 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.93 and a beta of 0.83.

Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings results on Tuesday, October 19th. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.06. Nasdaq had a net margin of 19.56% and a return on equity of 18.83%. The company had revenue of $838.00 million during the quarter, compared to the consensus estimate of $833.05 million. During the same period last year, the firm earned $1.53 EPS. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. Sell-side analysts forecast that Nasdaq, Inc. will post 7.4 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 17th. Investors of record on Friday, December 3rd were given a dividend of $0.54 per share. The ex-dividend date was Thursday, December 2nd. This represents a $2.16 annualized dividend and a dividend yield of 1.16%. Nasdaq’s dividend payout ratio is currently 31.49%.

Nasdaq Profile

Nasdaq, Inc is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information and public & private company services. It operates through the following segments: Market Services, Corporate Services, Information Services and Market Technology. The Market Services segment includes its equity derivative trading and clearing, cash equity trading, FICC and trade management services businesses.

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Institutional Ownership by Quarter for Nasdaq (NASDAQ:NDAQ)

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