Nasdaq Inc. (NASDAQ:NDAQ) – Research analysts at Credit Agricole SA decreased their Q4 2016 earnings per share estimates for shares of Nasdaq in a research note issued on Wednesday. Credit Agricole SA analyst R. Rutschow now forecasts that the brokerage will earn $1.00 per share for the quarter, down from their previous estimate of $1.10.

NDAQ has been the subject of several other research reports. Deutsche Bank AG increased their price objective on Nasdaq from $76.00 to $77.00 and gave the company a “buy” rating in a report on Friday, September 9th. Zacks Investment Research downgraded Nasdaq from a “hold” rating to a “sell” rating in a research report on Wednesday, October 5th. Barclays PLC set a $79.00 target price on Nasdaq and gave the company a “buy” rating in a research report on Wednesday, September 7th. Evercore ISI downgraded Nasdaq from a “buy” rating to a “hold” rating and cut their target price for the company from $69.00 to $68.00 in a research report on Tuesday, July 5th. Finally, Jefferies Group upped their target price on Nasdaq from $58.00 to $68.00 and gave the company a “hold” rating in a research report on Thursday, July 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $70.26.

Earnings History and Estimates for Nasdaq (NASDAQ:NDAQ)

Nasdaq (NASDAQ:NDAQ) opened at 66.21 on Monday. Nasdaq has a 12 month low of $54.62 and a 12 month high of $71.92. The stock has a 50 day moving average price of $68.71 and a 200 day moving average price of $66.72. The stock has a market capitalization of $10.95 billion, a P/E ratio of 22.93 and a beta of 0.81.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.03. Nasdaq had a return on equity of 10.76% and a net margin of 13.79%. The business had revenue of $559 million for the quarter, compared to the consensus estimate of $548 million. During the same period in the previous year, the business earned $0.83 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis.

Several hedge funds have recently added to or reduced their stakes in NDAQ. BKD Wealth Advisors LLC raised its stake in Nasdaq by 2.9% in the third quarter. BKD Wealth Advisors LLC now owns 4,155 shares of the company’s stock valued at $281,000 after buying an additional 117 shares during the last quarter. Private Trust Co. NA raised its stake in Nasdaq by 4.7% in the third quarter. Private Trust Co. NA now owns 8,109 shares of the company’s stock valued at $547,000 after buying an additional 364 shares during the last quarter. Capstone Asset Management Co. raised its stake in Nasdaq by 4.0% in the third quarter. Capstone Asset Management Co. now owns 11,451 shares of the company’s stock valued at $773,000 after buying an additional 440 shares during the last quarter. Legacy Private Trust Co. raised its stake in Nasdaq by 50.1% in the third quarter. Legacy Private Trust Co. now owns 94,691 shares of the company’s stock valued at $6,395,000 after buying an additional 31,617 shares during the last quarter. Finally, LGT Capital Partners LTD. raised its stake in Nasdaq by 3.8% in the third quarter. LGT Capital Partners LTD. now owns 135,050 shares of the company’s stock valued at $9,121,000 after buying an additional 5,000 shares during the last quarter. 74.21% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Edward S. Knight sold 19,555 shares of Nasdaq stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $70.40, for a total transaction of $1,376,672.00. Following the sale, the insider now owns 76,407 shares of the company’s stock, valued at approximately $5,379,052.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Pc Nelson Griggs sold 2,945 shares of Nasdaq stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $71.52, for a total transaction of $210,626.40. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, September 14th. Nasdaq’s dividend payout ratio (DPR) is 44.44%.

Nasdaq Company Profile

Nasdaq, Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc, is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across approximately six continents. The Company manages, operates and provides its products and services through four segments: Market Services, Listing Services, Information Services and Technology Solutions.

5 Day Chart for NASDAQ:NDAQ

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