November 29, 2016 - By Linda Rogers · 0 Comments
Nasdaq Omx Group Inc (NASDAQ:NDAQ) institutional sentiment decreased to 0.86 in 2016 Q2. Its down -0.14, from 1 in 2016Q1. The ratio has worsened, as 199 active investment managers opened new or increased stock positions, while 199 sold and decreased stock positions in Nasdaq Omx Group Inc. The active investment managers in our partner’s database now own: 121.13 million shares, down from 129.54 million shares in 2016Q1. Also, the number of active investment managers holding Nasdaq Omx Group Inc in their top 10 stock positions decreased from 8 to 6 for a decrease of 2. Sold All: 39 Reduced: 160 Increased: 146 New Position: 53.
Nasdaq, Inc. , formerly The NASDAQ OMX Group, Inc., is a holding company. The company has a market cap of $10.52 billion. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services across approximately six continents. It has a 22.73 P/E ratio. The Firm manages, operates and provides its services and products through four divisions: Market Services, Listing Services, Information Services and Technology Solutions.
Nasdaq Inc (NASDAQ:NDAQ) has risen 0.26% since April 26, 2016 and is uptrending. It has underperformed by 5.00% the S&P500.
Analysts await Nasdaq Inc (NASDAQ:NDAQ) to report earnings on January, 26. They expect $0.95 earnings per share, up 6.74% or $0.06 from last year’s $0.89 per share. NDAQ’s profit will be $154.32 million for 17.04 P/E if the $0.95 EPS becomes a reality. After $0.91 actual earnings per share reported by Nasdaq Inc for the previous quarter, Wall Street now forecasts 4.40% EPS growth.
According to Zacks Investment Research, “Nasdaq, Inc. is a holding company which provides trading, clearing, exchange technology, regulatory, securities listing, information and public company services. The Company’s operating segments consists of Market Services, Listing Services, Information Services and Technology Solutions. Market Services segment provides equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. Information Services segment provides Data Products and Index Licensing and Services businesses. Technology Solutions segment provides Corporate Solutions and Market Technology businesses. Nasdaq, Inc., formerly known as The NASDAQ OMX Group, Inc., is headquartered in New York.”
Investor Ab holds 93.59% of its portfolio in Nasdaq Inc for 19.39 million shares. Robertson Opportunity Capital Llc owns 84,313 shares or 4.38% of their US portfolio. Moreover, Alpenglow Capital Lp has 4% invested in the company for 67,700 shares. The Pennsylvania-based Cookson Peirce & Co Inc has invested 2.5% in the stock. Polaris Greystone Financial Group Llc, a California-based fund reported 247,238 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 8 selling transactions for $38.12 million net activity.
Ratings analysis reveals 57% of NASDAQ OMX Group’s analysts are positive. Out of 14 Wall Street analysts rating NASDAQ OMX Group, 8 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $53 while the high is $80. The stock’s average target of $66.92 is 3.34% above today’s ($64.76) share price. NDAQ was included in 31 notes of analysts from August 9, 2015. The stock of Nasdaq Inc (NASDAQ:NDAQ) has “Buy” rating given on Wednesday, April 27 by Buckingham Research. Wood maintained Nasdaq Inc (NASDAQ:NDAQ) rating on Friday, April 1. Wood has “Market Perform” rating and $68 price target. JP Morgan maintained the shares of NDAQ in a report on Monday, March 14 with “Neutral” rating. The firm has “Outperform” rating by Credit Suisse given on Thursday, March 10. The firm earned “Buy” rating on Friday, October 23 by Deutsche Bank. The company was reinitiated on Tuesday, January 12 by UBS. Sterne Agee CRT initiated it with “Buy” rating and $76 target price in Friday, May 20 report. Deutsche Bank maintained Nasdaq Inc (NASDAQ:NDAQ) on Wednesday, October 5 with “Buy” rating. The stock of Nasdaq Inc (NASDAQ:NDAQ) earned “Overweight” rating by Barclays Capital on Tuesday, August 11. The firm earned “Overweight” rating on Tuesday, January 12 by Barclays Capital.
Nasdaq, Inc. (Nasdaq), formerly The NASDAQ OMX Group, Inc., incorporated on November 13, 1979, is a holding company. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services across approximately six continents. The Firm manages, operates and provides its services and products through four divisions: Market Services, Listing Services, Information Services and Technology Solutions. The Company’s global offerings include trading and clearing across various asset classes, access services, data products, financial indexes, capital formation solutions, corporate solutions and market technology services and products.
More notable recent Nasdaq Inc (NASDAQ:NDAQ) news were published by: Reuters.com which released: “BRIEF-Nasdaq Inc says trading was halted in Globus Maritime Limited” on November 28, 2016, also Nasdaq.com with their article: “Ex-Dividend Reminder: Knight Transportation, Fluor and Mueller Industries” published on November 28, 2016, Nasdaq.com published: “Ex-Dividend Reminder: AAON, Suncor Energy and Imperial Oil” on November 28, 2016. More interesting news about Nasdaq Inc (NASDAQ:NDAQ) were released by: Bloomberg.com and their article: “Nasdaq Names Friedman CEO as Trump Signals Regulatory Upheaval” published on November 15, 2016 as well as Bloomberg.com‘s news article titled: “Nasdaq’s New CEO Prepared Years for the Job. Then Trump Happened” with publication date: November 22, 2016.
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By Linda Rogers