B. Metzler seel. Sohn & Co. AG Has $3.93 Million Stock Holdings in Nasdaq, Inc. (NASDAQ:NDAQ)

B. Metzler seel. Sohn & Co. AG trimmed its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,784 shares of the financial services provider’s stock after selling 1,347 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Nasdaq were worth $3,926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of NDAQ. Rakuten Securities Inc. bought a new stake in Nasdaq in the fourth quarter valued at $26,000. Founders Capital Management acquired a new stake in shares of Nasdaq in the 4th quarter valued at $27,000. Kestra Investment Management LLC bought a new stake in shares of Nasdaq in the 4th quarter worth about $33,000. Raleigh Capital Management Inc. increased its position in shares of Nasdaq by 106.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 225 shares in the last quarter. Finally, TCTC Holdings LLC bought a new position in Nasdaq during the 4th quarter valued at about $41,000. 72.47% of the stock is currently owned by institutional investors.

Nasdaq Stock Up 1.3 %

Shares of Nasdaq stock opened at $75.86 on Tuesday. The business has a fifty day simple moving average of $79.06 and a 200 day simple moving average of $77.65. The stock has a market cap of $43.63 billion, a PE ratio of 39.51, a price-to-earnings-growth ratio of 2.12 and a beta of 0.96. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.81. Nasdaq, Inc. has a 12 month low of $58.10 and a 12 month high of $84.15.

Nasdaq (NASDAQ:NDAQ) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share (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%. Research analysts predict that Nasdaq, Inc. will post 3.18 EPS for the current year.

Nasdaq Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.24 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 1.27%. Nasdaq’s dividend payout ratio (DPR) is presently 50.00%.

Insider Transactions at Nasdaq

In other news, EVP Sarah Youngwood sold 14,959 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $73.68, for a total transaction of $1,102,179.12. Following the sale, the executive vice president now owns 59,694 shares of the company’s stock, valued at $4,398,253.92. This trade represents a 20.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Bryan Everard Smith sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $81.56, for a total value of $285,460.00. Following the completion of the transaction, the executive vice president now owns 55,576 shares of the company’s stock, valued at $4,532,778.56. This represents a 5.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on NDAQ shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Nasdaq in a report on Thursday, January 30th. StockNews.com upgraded Nasdaq from a “sell” rating to a “hold” rating in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded Nasdaq from a “hold” rating to a “buy” rating and increased their target price for the stock from $80.00 to $98.00 in a report on Wednesday, January 8th. Barclays cut their price target on Nasdaq from $96.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, Citigroup increased their price objective on shares of Nasdaq from $78.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, January 10th. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $86.88.

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.