Atria Investments Inc Purchases 1,017 Shares of Nasdaq, Inc. (NASDAQ:NDAQ)

Atria Investments Inc lifted its position in Nasdaq, Inc. (NASDAQ:NDAQ) by 3.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,682 shares of the financial services provider’s stock after buying an additional 1,017 shares during the quarter. Atria Investments Inc’s holdings in Nasdaq were worth $2,527,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in NDAQ. Janney Montgomery Scott LLC grew its stake in shares of Nasdaq by 12.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 42,828 shares of the financial services provider’s stock valued at $3,127,000 after buying an additional 4,651 shares in the last quarter. Equitable Trust Co. bought a new stake in shares of Nasdaq in the 3rd quarter valued at approximately $206,000. Assetmark Inc. boosted its position in Nasdaq by 4.9% during the third quarter. Assetmark Inc. now owns 20,869 shares of the financial services provider’s stock worth $1,524,000 after purchasing an additional 984 shares during the period. Crossmark Global Holdings Inc. boosted its position in Nasdaq by 8.9% during the third quarter. Crossmark Global Holdings Inc. now owns 28,343 shares of the financial services provider’s stock worth $2,070,000 after purchasing an additional 2,317 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its position in Nasdaq by 2.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 149,343 shares of the financial services provider’s stock worth $10,904,000 after purchasing an additional 3,367 shares during the period. Institutional investors own 72.47% of the company’s stock.

Nasdaq Stock Down 2.0 %

Shares of NDAQ stock opened at $74.66 on Monday. The stock has a market cap of $42.94 billion, a P/E ratio of 38.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.96. Nasdaq, Inc. has a one year low of $57.96 and a one year high of $84.15. The stock has a fifty day moving average price of $79.78 and a 200 day moving average price of $77.27. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.99 and a quick ratio of 0.95.

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%. Analysts predict that Nasdaq, Inc. will post 3.18 earnings per share for the current year.

Nasdaq Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a $0.24 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 1.29%. Nasdaq’s dividend payout ratio (DPR) is currently 50.00%.

Analyst Ratings Changes

A number of brokerages have issued reports on NDAQ. Barclays decreased their target price on Nasdaq from $96.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. StockNews.com raised Nasdaq from a “sell” rating to a “hold” rating in a research report on Saturday, December 14th. Raymond James upped their target price on Nasdaq from $83.00 to $84.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Oppenheimer upped their target price on Nasdaq from $86.00 to $89.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. Finally, Citigroup upped their target price on Nasdaq from $78.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, Nasdaq currently has an average rating of “Moderate Buy” and an average price target of $86.88.

Insider Buying and Selling

In other Nasdaq news, EVP Bryan Everard Smith sold 3,500 shares of Nasdaq stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $81.56, for a total transaction of $285,460.00. Following the completion of the transaction, the executive vice president now directly owns 55,576 shares of the company’s stock, valued at approximately $4,532,778.56. This trade represents a 5.92 % 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 this link. 0.70% of the stock is owned by company insiders.

Nasdaq 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.