Nasdaq, Inc. (NDAQ) Reaches $81.43 52-Week High; Lyrical Asset Management LP Raised Its Eaton Corp. Plc (ETN) Stake

January 14, 2018 - By Evgen Dobrzhanskiy

The stock of Nasdaq, Inc. (NASDAQ:NDAQ) hit a new 52-week high and has $83.87 target or 3.00% above today’s $81.43 share price. The 5 months bullish chart indicates low risk for the $13.54 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $83.87 price target is reached, the company will be worth $406.08 million more. The stock increased 1.21% or $0.97 during the last trading session, reaching $81.43. About 924,111 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 6.98% since January 14, 2017 and is uptrending. It has underperformed by 9.72% the S&P500.

Lyrical Asset Management Lp increased Eaton Corp. Plc (ETN) stake by 4.45% reported in 2017Q3 SEC filing. Lyrical Asset Management Lp acquired 147,728 shares as Eaton Corp. Plc (ETN)’s stock rose 8.91%. The Lyrical Asset Management Lp holds 3.47 million shares with $266.41M value, up from 3.32 million last quarter. Eaton Corp. Plc now has $37.12B valuation. The stock increased 0.30% or $0.25 during the last trading session, reaching $84.24. About 2.42M shares traded or 1.01% up from the average. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since January 14, 2017 and is uptrending. It has outperformed by 14.32% the S&P500.

Nasdaq, Inc. provides trading, clearing, exchange technology, regulatory, securities listing, information, and public firm services worldwide. The company has market cap of $13.54 billion. The company??s Market Services segment offers equity derivative trading and clearing; cash equity trading; fixed income and commodities trading and clearing; and trade management services. It has a 52.27 P/E ratio. This segment operates various exchanges and other marketplace facilities across various asset classes; and provides clearing, settlement, and central depository services.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.35, from 0.8 in 2017Q2. It improved, as 22 investors sold Nasdaq, Inc. shares while 133 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.96 million shares or 2.43% more from 118.09 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale holds 40,066 shares. New York-based Brown Brothers Harriman & Communication has invested 0% in Nasdaq, Inc. (NASDAQ:NDAQ). Vanguard Grp Inc Inc stated it has 11.73M shares or 0.04% of all its holdings. Rbf Cap Lc reported 0.1% in Nasdaq, Inc. (NASDAQ:NDAQ). Royal Comml Bank Of Canada stated it has 256,318 shares or 0.01% of all its holdings. Century reported 256,095 shares stake. Aqr Mgmt Ltd Liability Corp holds 1.35 million shares. Louisiana State Employees Retirement Systems reported 7,300 shares. Virginia Retirement Et Al owns 6,300 shares. State Board Of Administration Of Florida Retirement Sys reported 185,191 shares stake. Millennium Mgmt Ltd Co invested in 879,437 shares. Intrust Financial Bank Na has invested 0.11% in Nasdaq, Inc. (NASDAQ:NDAQ). Suntrust Banks Inc holds 0.01% or 25,838 shares. Comerica Securities has 4,271 shares. Pitcairn Company owns 11,893 shares.

Among 18 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. NASDAQ OMX Group had 56 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was initiated by Buckingham Research on Wednesday, April 27 with “Buy”. Deutsche Bank maintained it with “Buy” rating and $65 target in Friday, October 23 report. RBC Capital Markets maintained the shares of NDAQ in report on Monday, June 12 with “Hold” rating. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Market Perform” rating by Wood on Friday, April 1. RBC Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. RBC Capital Markets maintained Nasdaq, Inc. (NASDAQ:NDAQ) rating on Thursday, July 27. RBC Capital Markets has “Hold” rating and $7600 target. Credit Suisse maintained the shares of NDAQ in report on Thursday, March 10 with “Outperform” rating. As per Monday, December 11, the company rating was maintained by UBS. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) has “Hold” rating given on Thursday, August 17 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Monday, December 5 by CLSA.

Since August 10, 2017, it had 0 insider purchases, and 4 selling transactions for $1.67 million activity. Wedenborn Lars had sold 3,045 shares worth $231,816. On Monday, August 14 KNIGHT EDWARD S sold $1.12M worth of Nasdaq, Inc. (NASDAQ:NDAQ) or 14,629 shares. The insider SIBBERN BJORN sold 3,000 shares worth $228,510. $89,294 worth of Nasdaq, Inc. (NASDAQ:NDAQ) was sold by DENNISON ANN M on Tuesday, August 22.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on January, 30. They expect $1.00 EPS, up 5.26% or $0.05 from last year’s $0.95 per share. NDAQ’s profit will be $166.23M for 20.36 P/E if the $1.00 EPS becomes a reality. After $1.06 actual EPS reported by Nasdaq, Inc. for the previous quarter, Wall Street now forecasts -5.66% negative EPS growth.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It is negative, as 59 investors sold ETN shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported. Swiss National Bank & Trust reported 0.14% of its portfolio in Eaton Corporation plc (NYSE:ETN). Caisse De Depot Et Placement Du Quebec accumulated 0.01% or 34,498 shares. Da Davidson & has 0.05% invested in Eaton Corporation plc (NYSE:ETN). 47,749 are held by Oregon Public Employees Retirement Fund. Bartlett And Ltd, Ohio-based fund reported 3,089 shares. Martin Currie Limited holds 0.82% or 138,900 shares. Smith Asset Mngmt Group Inc Lp accumulated 294,425 shares. Holderness Commerce invested in 7,272 shares. South Street Advisors has 19,983 shares for 0.3% of their portfolio. 175,114 are held by Barrow Hanley Mewhinney & Strauss. Retirement Of Alabama holds 215,797 shares or 0.09% of its portfolio. 183,712 are owned by Ahl Prtnrs Llp. 451,916 are owned by Janney Mngmt Lc. Cwm Ltd Llc owns 0.11% invested in Eaton Corporation plc (NYSE:ETN) for 29,179 shares. Cibc Corp holds 64,795 shares.

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