Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Wedbush Securities Inc

Capstone Asset Management Co. now owns 11,230 shares of the financial services provider's stock valued at $780,000 after buying an additional 170 shares in the last quarter. ING Groep NV's holdings in Nasdaq were worth $418,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. State Street Corp boosted its stake in shares of Nasdaq by 0.4% in the first quarter. Pacer Advisors Inc. raised its stake in Nasdaq by 3.4% in the first quarter. Aperio Group LLC now owns 95,486 shares of the financial services provider's stock valued at $6,826,000 after buying an additional 2,218 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Nasdaq during the first quarter worth $189,000. Finally, Jaffetilchin Investment Partners LLC purchased a new stake in Nasdaq during the first quarter worth $203,000. Company insiders own 1.60% of the company's stock. Nasdaq has a 12 month low of $63.30 and a 12 month high of $76.79.

Shares of Nasdaq (NASDAQ:NDAQ) traded down 0.55% during trading on Friday, reaching $75.50. The company had a trading volume of 673,643 shares. The firm has a market cap of $12.59 billion, a price-to-earnings ratio of 57.37 and a beta of 0.76. Nasdaq, Inc. The firm has a 50-day moving average of $72.81 and a 200 day moving average of $70.29.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.96 by $0.06. The business had revenue of $602 million during the quarter, compared to analyst estimates of $596.55 million. Nasdaq had a net margin of 5.76% and a return on equity of 12.19%. The business's revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 earnings per share. On average, equities analysts anticipate that Nasdaq, Inc. will post $4.18 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.38 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.52 annualized dividend and a yield of 2.13%. Nasdaq's payout ratio is 118.75%.

Forsta AP Fonden increased its stake in Nasdaq, Inc. "(NASDAQ:NDAQ) Given "Hold" Rating at Jefferies Group LLC" was first published by Stock Observer and is the property of of Stock Observer. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and global copyright legislation. The original version of this report can be viewed at https://stocknewstimes.com/2017/08/13/nasdaq-inc-nasdaqndaq-rating-increased-to-hold-at-zacks-investment-research-updated-updated-updated.html.

Media coverage about Nasdaq (NASDAQ:NDAQ) has trended somewhat positive recently, Accern Sentiment reports. BidaskClub downgraded shares of Nasdaq from a "buy" rating to a "hold" rating in a research note on Wednesday, July 12th. UBS AG restated a buy rating and issued a $81.00 target price (down previously from $85.00) on shares of Nasdaq in a report on Friday, April 28th. Royal Bank Of Canada upped their price objective on shares of Nasdaq from $70.00 to $74.00 and gave the company a "sector perform" rating in a research note on Thursday, April 27th. Evercore ISI reiterated an in-line rating and issued a $74.00 price target on shares of Nasdaq in a research note on Friday, April 28th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of "Buy" and an average price target of $75.22. The stock was sold at an average price of $74.39, for a total transaction of $1,115,850.00. Following the completion of the sale, the insider now owns 78,063 shares in the company, valued at approximately $5,807,106.57. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Aviance Capital Partners LLC now owns 10,094 shares of the financial services provider's stock valued at $722,000 after buying an additional 1,913 shares during the period.

The company is up by 1.33 percent from yesterday's close. Finally, Advisor Group Inc. raised its position in shares of Nasdaq by 14.1% in the second quarter.

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Nasdaq, Inc. (Nasdaq), launched on November 13, 1979, is a holding company. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.