Reaffirmed: Nasdaq (NASDAQ:NDAQ) “Hold” Rating Reaffirmed by Analysts at Jefferies; $71 Target in Place

July 17, 2017 - By Louis Casey

 Reaffirmed: Nasdaq (NASDAQ:NDAQ)

Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.02, from 0.86 in 2016Q3. It dived, as 59 investors sold Nasdaq Inc shares while 162 reduced holdings. 61 funds opened positions while 125 raised stakes. 119.71 million shares or 1.41% more from 118.04 million shares in 2016Q3 were reported.

Peak6 Investments L P reported 4,020 shares or 0% of all its holdings. Orrstown Finance Services Incorporated owns 21,464 shares or 1.41% of their US portfolio. Advantus Mgmt reported 11,287 shares. Mason Street Limited Liability has invested 0.03% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ). Airain Ltd owns 39,134 shares for 0.21% of their portfolio. Caisse De Depot Et Placement Du Quebec holds 0% in Nasdaq Inc (NASDAQ:NDAQ) or 17,827 shares. Moreover, Ing Groep Nv has 0.01% invested in Nasdaq Inc (NASDAQ:NDAQ) for 6,566 shares. Commonwealth Of Pennsylvania School Empls Retrmt invested in 0.01% or 6,534 shares. Kanaly Trust Comm holds 0% or 73 shares. Pnc Fincl Gru Inc holds 0% or 7,881 shares. Hartford Invest Management holds 0.03% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ) for 27,725 shares. Comerica Natl Bank owns 28,881 shares for 0.02% of their portfolio. World Asset Management Inc holds 10,623 shares. Navellier And Assoc holds 0.22% or 20,227 shares. Capstone Asset invested in 0.02% or 11,060 shares.

Since February 1, 2017, it had 0 insider buys, and 5 selling transactions for $2.18 million activity. The insider Peterson Bradley J sold $1.34 million. SWANSTROM STACIE also sold $71,609 worth of Nasdaq Inc (NASDAQ:NDAQ) on Tuesday, March 14. The insider Ottersgard Lars sold $290,872. Griggs PC Nelson also sold $118,729 worth of Nasdaq Inc (NASDAQ:NDAQ) shares. Another trade for 5,000 shares valued at $356,100 was made by Wedenborn Lars on Wednesday, February 1.

Nasdaq (NASDAQ:NDAQ) Rating Reaffirmed

Recently, In an analyst report sent to clients and investors on Monday, 17 July, Nasdaq (NASDAQ:NDAQ) shares have had their “Hold” Rating restate by research analysts at Jefferies, who currently has a $71 target on company. This target by Jefferies suggests the possibile downside of -0.71 % from the current price.

Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.02, from 0.86 in 2016Q3. It dived, as 59 investors sold Nasdaq Inc shares while 162 reduced holdings. 61 funds opened positions while 125 raised stakes. 119.71 million shares or 1.41% more from 118.04 million shares in 2016Q3 were reported.

Peak6 Investments L P reported 4,020 shares or 0% of all its holdings. Orrstown Finance Services Incorporated owns 21,464 shares or 1.41% of their US portfolio. Advantus Mgmt reported 11,287 shares. Mason Street Limited Liability has invested 0.03% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ). Airain Ltd owns 39,134 shares for 0.21% of their portfolio. Caisse De Depot Et Placement Du Quebec holds 0% in Nasdaq Inc (NASDAQ:NDAQ) or 17,827 shares. Moreover, Ing Groep Nv has 0.01% invested in Nasdaq Inc (NASDAQ:NDAQ) for 6,566 shares. Commonwealth Of Pennsylvania School Empls Retrmt invested in 0.01% or 6,534 shares. Kanaly Trust Comm holds 0% or 73 shares. Pnc Fincl Gru Inc holds 0% or 7,881 shares. Hartford Invest Management holds 0.03% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ) for 27,725 shares. Comerica Natl Bank owns 28,881 shares for 0.02% of their portfolio. World Asset Management Inc holds 10,623 shares. Navellier And Assoc holds 0.22% or 20,227 shares. Capstone Asset invested in 0.02% or 11,060 shares.

Since February 1, 2017, it had 0 insider buys, and 5 selling transactions for $2.18 million activity. The insider Peterson Bradley J sold $1.34 million. SWANSTROM STACIE also sold $71,609 worth of Nasdaq Inc (NASDAQ:NDAQ) on Tuesday, March 14. The insider Ottersgard Lars sold $290,872. Griggs PC Nelson also sold $118,729 worth of Nasdaq Inc (NASDAQ:NDAQ) shares. Another trade for 5,000 shares valued at $356,100 was made by Wedenborn Lars on Wednesday, February 1.

Nasdaq Inc (NASDAQ:NDAQ) Ratings Coverage

Among 17 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. NASDAQ OMX Group has $80 highest and $53 lowest target. $69.54’s average target is -2.75% below currents $71.51 stock price. NASDAQ OMX Group had 36 analyst reports since August 9, 2015 according to SRatingsIntel. The stock of Nasdaq Inc (NASDAQ:NDAQ) has “Neutral” rating given on Monday, January 11 by Goldman Sachs. The stock of Nasdaq Inc (NASDAQ:NDAQ) earned “Buy” rating by Sterne Agee CRT on Friday, May 20. As per Monday, July 18, the company rating was maintained by Deutsche Bank. The stock of Nasdaq Inc (NASDAQ:NDAQ) has “Overweight” rating given on Tuesday, April 12 by Barclays Capital. The firm earned “Buy” rating on Tuesday, January 12 by UBS. The stock of Nasdaq Inc (NASDAQ:NDAQ) has “Hold” rating given on Monday, June 26 by Jefferies. The firm has “Buy” rating given on Friday, October 23 by Deutsche Bank. The firm earned “Outperform” rating on Thursday, March 10 by Credit Suisse. Barclays Capital maintained Nasdaq Inc (NASDAQ:NDAQ) on Thursday, October 13 with “Overweight” rating. The firm earned “Hold” rating on Thursday, June 1 by Keefe Bruyette & Woods.

About 296,207 shares traded. Nasdaq Inc (NASDAQ:NDAQ) has risen 6.98% since July 17, 2016 and is uptrending. It has underperformed by 9.72% the S&P500.

Wall Street await Nasdaq Inc (NASDAQ:NDAQ) to release earnings on July, 26. Analysts forecast EPS of $0.98, up exactly $0.07 or 7.69 % from 2014’s $0.91 EPS. The expected NDAQ’s profit could reach $160.77M giving the stock 18.24 P/E in the case that $0.98 earnings per share is reported. After posting $1.10 EPS for the previous quarter, Nasdaq Inc’s analysts now forecast -10.91 % negative EPS growth.

Nasdaq, Inc. is a holding company. The company has market cap of $11.73 billion. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services. It has a 86.7 P/E ratio. It manages, operates and provides its services and products through four divisions: Market Services, Corporate Services, Information Services and Market Technology.

More notable recent Nasdaq Inc (NASDAQ:NDAQ) news were published by: Globenewswire.com which released: “The Nigerian Stock Exchange Goes Live with Nasdaq SMARTS Market Surveillance …” on July 17, 2017, also Nasdaq.com with their article: “Caterpillar, Inc. (CAT) Ex-Dividend Date Scheduled for July 18, 2017” published on July 17, 2017, Nasdaq.com published: “SG Blocks, Inc. (Nasdaq: SGBX) to Ring The Nasdaq Stock Market Opening Bell” on July 17, 2017. More interesting news about Nasdaq Inc (NASDAQ:NDAQ) were released by: Wsj.com and their article: “Nasdaq Urges Central Clearing of Treasury Trading” published on July 14, 2017 as well as Nasdaq.com‘s news article titled: “Counterparty Has Reached Its Millionth Transaction” with publication date: July 17, 2017.

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