Janus Henderson Group PLC trimmed its position in Nasdaq Inc (NASDAQ:NDAQ) by 56.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,577 shares of the financial services provider’s stock after selling 142,948 shares during the quarter. Janus Henderson Group PLC owned 0.07% of Nasdaq worth $8,577,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC boosted its position in Nasdaq by 13.9% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,454 shares of the financial services provider’s stock valued at $104,000 after buying an additional 178 shares in the last quarter. Invictus RG acquired a new stake in Nasdaq in the third quarter valued at approximately $111,000. Pacer Advisors Inc. boosted its position in Nasdaq by 8.6% in the second quarter. Pacer Advisors Inc. now owns 2,568 shares of the financial services provider’s stock valued at $184,000 after buying an additional 203 shares in the last quarter. Conning Inc. acquired a new stake in Nasdaq in the third quarter valued at approximately $200,000. Finally, MML Investors Services LLC acquired a new stake in Nasdaq in the second quarter valued at approximately $201,000. 75.74% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider Pc Nelson Griggs sold 1,396 shares of Nasdaq stock in a transaction on Monday, November 13th. The shares were sold at an average price of $74.72, for a total transaction of $104,309.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is owned by company insiders.

A number of brokerages have weighed in on NDAQ. ValuEngine lowered shares of Nasdaq from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. BidaskClub lowered shares of Nasdaq from a “hold” rating to a “sell” rating in a research report on Wednesday, December 20th. Barclays cut their target price on shares of Nasdaq from $85.00 to $84.00 and set an “overweight” rating on the stock in a research report on Thursday, October 26th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $78.00 target price on shares of Nasdaq in a research report on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $78.67.

Nasdaq Inc (NDAQ) opened at $76.13 on Wednesday. The company has a market cap of $12,648.16, a price-to-earnings ratio of 50.09, a PEG ratio of 2.13 and a beta of 0.78. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.15 and a current ratio of 1.15. Nasdaq Inc has a fifty-two week low of $65.98 and a fifty-two week high of $80.14.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. The company had revenue of $607.00 million for the quarter, compared to analyst estimates of $599.84 million. Nasdaq had a net margin of 6.72% and a return on equity of 12.69%. Nasdaq’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 earnings per share. research analysts forecast that Nasdaq Inc will post 4.18 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Thursday, December 14th. Nasdaq’s dividend payout ratio is presently 100.00%.

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About Nasdaq

Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.

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Institutional Ownership by Quarter for Nasdaq (NASDAQ:NDAQ)

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