Vontobel Holding Ltd. Has $1.92 Million Stock Holdings in Nasdaq, Inc. (NASDAQ:NDAQ)

Vontobel Holding Ltd. increased its position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,890 shares of the financial services provider’s stock after acquiring an additional 1,014 shares during the period. Vontobel Holding Ltd.’s holdings in Nasdaq were worth $1,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Catalyst Capital Advisors LLC acquired a new stake in Nasdaq in the third quarter valued at approximately $27,000. Founders Capital Management bought a new position in Nasdaq during the fourth quarter worth $27,000. Claro Advisors LLC bought a new position in Nasdaq during the third quarter worth $33,000. Raleigh Capital Management Inc. raised its stake in Nasdaq by 106.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider’s stock worth $34,000 after buying an additional 225 shares during the last quarter. Finally, Focused Wealth Management Inc bought a new position in Nasdaq during the third quarter worth $35,000. Institutional investors and hedge funds own 72.47% of the company’s stock.

Nasdaq Price Performance

NDAQ stock opened at $80.91 on Tuesday. 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, Inc. has a 1 year low of $54.90 and a 1 year high of $84.15. The firm has a market cap of $46.50 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 2.15 and a beta of 0.99. The stock has a 50-day simple moving average of $79.54 and a 200-day simple moving average of $76.11.

Nasdaq (NASDAQ:NDAQ) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $0.76 EPS for the quarter, topping the consensus estimate 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 analysts predict that Nasdaq, Inc. will post 3.17 earnings per share for the current fiscal year.

Nasdaq Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, March 14th. Nasdaq’s payout ratio is 50.00%.

Analyst Ratings Changes

NDAQ has been the subject of a number of analyst reports. UBS Group lifted 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. Argus upped their target price on shares of Nasdaq from $76.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. TD Cowen cut their price target on shares of Nasdaq from $81.00 to $80.00 and set a “hold” rating for the company in a research note on Monday, October 28th. Oppenheimer upped their price objective on shares of Nasdaq from $86.00 to $89.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Finally, Morgan Stanley upped their price objective on shares of Nasdaq from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.88.

Insider Buying and Selling

In related news, EVP Bryan Everard Smith sold 3,500 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $81.56, for a total transaction 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. The trade was a 5.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.70% of the company’s stock.

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.