6,110 Shares in Nasdaq, Inc. (NASDAQ:NDAQ) Purchased by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,110 shares of the financial services provider's stock, valued at approximately $472,000.

Several other large investors have also modified their holdings of the business. Rakuten Securities Inc. purchased a new stake in Nasdaq in the 4th quarter valued at about $26,000. Kestra Investment Management LLC bought a new stake in shares of Nasdaq during the fourth quarter valued at approximately $33,000. Raleigh Capital Management Inc. boosted its holdings in shares of Nasdaq by 106.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 225 shares during the period. Kapitalo Investimentos Ltda bought a new position in Nasdaq in the fourth quarter worth approximately $37,000. Finally, TCTC Holdings LLC purchased a new position in Nasdaq during the 4th quarter worth $41,000. Hedge funds and other institutional investors own 72.47% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on NDAQ. Keefe, Bruyette & Woods increased their price target on Nasdaq from $87.00 to $88.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Citigroup dropped their target price on shares of Nasdaq from $84.00 to $75.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Morgan Stanley lowered shares of Nasdaq from an "overweight" rating to an "equal weight" rating and set a $74.00 price target for the company. in a report on Tuesday, April 8th. UBS Group reaffirmed a "cautious" rating on shares of Nasdaq in a research report on Monday, April 28th. Finally, Redburn Atlantic raised shares of Nasdaq from a "neutral" rating to a "buy" rating and set a $91.00 price objective on the stock in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $86.50.

Insider Buying and Selling

In related news, EVP Sarah Youngwood sold 14,959 shares of Nasdaq stock in a transaction on Monday, March 17th. The stock was sold at an average price of $73.68, for a total value of $1,102,179.12. Following the transaction, the executive vice president now owns 59,694 shares in the company, valued at approximately $4,398,253.92. This trade represents a 20.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bryan Everard Smith sold 657 shares of Nasdaq stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $71.81, for a total value of $47,179.17. Following the completion of the transaction, the executive vice president now directly owns 61,980 shares in the company, valued at $4,450,783.80. This represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is owned by company insiders.

Nasdaq Trading Up 0.3%

NASDAQ:NDAQ opened at $81.28 on Friday. Nasdaq, Inc. has a 1 year low of $58.28 and a 1 year high of $84.15. 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 stock has a fifty day moving average price of $74.81 and a two-hundred day moving average price of $77.88. The stock has a market capitalization of $46.66 billion, a price-to-earnings ratio of 42.33, a PEG ratio of 2.12 and a beta of 1.00.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.02. Nasdaq had a return on equity of 14.82% and a net margin of 15.10%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the business posted $0.63 EPS. Nasdaq's quarterly revenue was up 10.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Nasdaq, Inc. will post 3.18 earnings per share for the current fiscal year.

Nasdaq Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be paid a dividend of $0.27 per share. This is an increase from Nasdaq's previous quarterly dividend of $0.24. The ex-dividend date is Friday, June 13th. This represents a $1.08 annualized dividend and a dividend yield of 1.33%. Nasdaq's dividend payout ratio is presently 49.09%.

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.

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