Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 16.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,023 shares of the financial services provider’s stock after purchasing an additional 8,273 shares during the period. Yousif Capital Management LLC’s holdings in Nasdaq were worth $4,563,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Catalyst Capital Advisors LLC purchased a new stake in Nasdaq during the 3rd quarter worth $27,000. Founders Capital Management acquired a new stake in shares of Nasdaq during the fourth quarter valued at about $27,000. Claro Advisors LLC purchased a new stake in shares of Nasdaq during the third quarter worth about $33,000. Raleigh Capital Management Inc. lifted its stake 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 worth $34,000 after acquiring an additional 225 shares in the last quarter. Finally, Focused Wealth Management Inc purchased a new position in Nasdaq in the third quarter valued at about $35,000. 72.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Nasdaq

In related news, EVP Jeremy Skule sold 12,075 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $78.75, for a total value of $950,906.25. Following the completion of the transaction, the executive vice president now owns 102,505 shares in the company, valued at $8,072,268.75. This represents a 10.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Bryan Everard Smith sold 3,500 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $81.56, for a total transaction of $285,460.00. Following the transaction, the executive vice president now directly owns 55,576 shares in the company, valued at approximately $4,532,778.56. The trade was a 5.92 % decrease in their position. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

Nasdaq Stock Performance

NDAQ stock opened at $82.82 on Friday. The stock’s fifty day moving average is $79.55 and its two-hundred day moving average is $75.38. The stock has a market capitalization of $47.60 billion, a price-to-earnings ratio of 43.14, a PEG ratio of 2.12 and a beta of 0.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.95 and a current ratio of 0.99. Nasdaq, Inc. has a 1 year low of $54.90 and a 1 year high of $84.15.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.02. Nasdaq had a net margin of 15.10% and a return on equity of 14.82%. On average, research analysts predict that Nasdaq, Inc. will post 3.17 EPS for the current year.

Nasdaq Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Friday, March 14th. Nasdaq’s dividend payout ratio (DPR) is 50.00%.

Analyst Ratings Changes

A number of equities analysts have issued reports on NDAQ shares. JPMorgan Chase & Co. upped their target price on Nasdaq from $88.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Argus upped their price target on shares of Nasdaq from $76.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised shares of Nasdaq from a “hold” rating to a “buy” rating and raised their price objective for the stock from $80.00 to $98.00 in a report on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and issued a $95.00 target price on shares of Nasdaq in a research note on Thursday, January 30th. Finally, William Blair assumed coverage on Nasdaq in a research note on Monday, November 25th. They issued an “outperform” rating for the company. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Nasdaq has an average rating of “Moderate Buy” and a consensus price target of $86.88.

About Nasdaq

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.