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Harbor Capital Advisors LLC raised its holdings in Intercontinental Exchange Inc. (NYSE: ICE) by 14.1% in the 2nd quarter, according to its most recent institutional investor held 17,654 shares of the financial services provider after acquiring 2,186 additional shares during the reporting period, the holdings of Harbor Capital Advisors LLC in Intercontinental Exchange amounted to $ 1,302,000 as at the date of its last deposit with the SEC. ] Several other hedge funds have also added or reduced their holdings in BlackRock Inc. has increased its 2.5% ownership interest in Intercontinental Exchange during the first quarter, BlackRock Inc. now holds 38,207 564 shares of the financial service provider. After acquiring 935,860 additional shares in the last quarter, Neuberger Berman Group LLC increased its stake in Intercontinental Exchange shares by 1.6% in the first quarter. Neuberger Berman Group LLC now holds 6,644,176 shares of the $ 480,849,000 financial services provider after acquiring 104,062 additional shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in Intercontinental Exchange shares by 30.9% in the fourth quarter. TIAA CREF Investment Management LLC now holds 3,169,009 shares of the financial services provider valued at $ 223,605,000 after acquiring an additional 747,757 shares during the last quarter. FIL Ltd increased its stake in Intercontinental Exchange shares by 8.8% in the first quarter. FIL Ltd. now holds 2,916,685 shares of the financial services provider valued at $ 211,518,000 after acquiring 236,806 additional shares during the last quarter. Finally, TCW Group Inc. increased its interest in Intercontinental Exchange shares by 3.8% in the first quarter. TCW Group Inc. Now holds 2,421,139 shares of the financial services provider valued at $ 175,581,000 after acquiring 89,303 additional shares during the last quarter. Institutional investors and hedge funds own 88.75% of the company's shares.
Several equity research badysts have recently weighed on ICE equities. ValuEngine upgraded the Intercontinental Exchange shares from a "hold" rating to a "buy" rating in a research report on Monday, April 2nd. Deutsche Bank increased its target price on the shares of Intercontinental Exchange from $ 80.00 to $ 81.00 and awarded a "buy" note to the title in a research report on Friday, April 6th. Sanford C. Bernstein began covering the shares of the Intercontinental Exchange in a research report on Monday, April 9. They set an "outperformance" rating and a $ 85.00 price target for the company. Zacks Investment Research has taken Intercontinental Exchange shares from a "hold" rating to a "buy" rating and set a target price of $ 79.00 for the company in a research report on Wednesday 11th. April. Finally, JPMorgan Chase & Co. set a target price of $ 83.00 on the shares of Intercontinental Exchange and awarded the title a "buy" rating in a research report on Wednesday, May 2nd. Five research badysts rated the stock with a holdback rating and twelve gave a buy-to-action rating from the company. Intercontinental Exchange currently has an average rating of "Buy" and an average price target of $ 79.53.
Vice President Charles A. Vice sold 35,000 shares of the fund in a transaction on Wednesday, June 6. The shares were sold at an average price of $ 75.65, for a total value of $ 2,647,750.00. As a result of the closing of the transaction, the insider now holds 417,507 shares of the company, valued at approximately $ 31,584,404.55. The sale was disclosed in a document filed with the SEC, accessible via this link. In addition, President Benjamin Jackson sold 3,395 shares of the company in a transaction on Friday, June 15. The shares were sold at an average price of $ 74.07, for a total transaction of $ 251,467.65. The disclosure for this sale can be found here. Insiders sold 261,511 shares valued at $ 18,805,871 in the last three months. Insiders of the company own 1.50% of the shares of the company.
Shares of the Intercontinental Exchange traded up $ 0.29, reaching $ 74.73, reports Wednesday Marketbeat. The company had a trading volume of 63,908 shares, compared to its average volume of 1,972,410. The stock has a market capitalization of $ 43.20 billion, a price / earnings ratio of 25.26, a price / earnings ratio of 2.02 and a beta of 0.64. The company has a current ratio of 0.98, a ratio of 0.98 and a debt ratio of 0.25. Intercontinental Exchange Inc. has a year – low of $ 63.22 and a year – high of $ 76.69.
Intercontinental Exchange (NYSE: ICE) released its financial results for the last time on Thursday, May 3rd. The financial services provider reported EPS of $ 0.90 for the quarter, leading consensus badyst estimates of $ 0.88 per $ 0.02. The company achieved a turnover of $ 1.23 billion during the quarter, against $ 1.22 billion for badysts. Intercontinental Exchange had a net margin of 41.65% and a return on equity of 11.14%. Company revenues for the quarter increased 5.1% from the same quarter last year. In the same quarter of the previous year, the company earned $ 0.74 per share. stock badysts predict that Intercontinental Exchange Inc. will display 3.54 EPS for the current fiscal year.
Intercontinental Exchange Profile
Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings for financial markets and commodities in the United States United Kingdom, continental Europe, Asia, and Canada. It operates through two segments, Trading and Clearing; and data and lists. The company operates marketplaces for the listing, trading and clearing of various derivatives and securities contracts in various badet clbades, including energy and agricultural products, interest rates , equities, equity and credit derivatives, bonds and currencies. ] Institutional property by quarter for Intercontinental Exchange (NYSE: ICE) "title =" Institutional property by quarter for Intercontinental Exchange (NYSE: ICE) "/>
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