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![Intercontinental Exchange logo "title =" Intercontinental Exchange logo "clbad =" companylogo "/> LGT Capital Partners LTD has acquired a new position in Intercontinental Exchange Inc. (NYSE: ICE) in the second quarter, according to its most recent form L & # 39, institutional investor acquired 236,000 shares of the financial services provider, valued at approximately $ 17,358,000 </p>
<p> Several other hedge funds and other institutional investors have recently changed their position in the company and BlackRock Inc. has increased its interest in Intercontinental Exchange shares up 2.5% in the first quarter of 2005. BlackRock Inc. now holds 38,207,564 shares in the financial services provider valued at $ 2,770,811,000 after purchasing 935,860 shares Q1: Intercontinental Exchange share of 1.6% in the first quarter Neuberger Berman Group LLC d now holds 6,644,176 shares of the financial services provider valued at $ 480,849,000 after purchasing 104,062 additional shares in 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 purchasing an additional 236,806 shares during the last quarter. 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 purchasing 89,303 additional shares during the last quarter. Finally, Atlantic Trust Group LLC increased its stake in Intercontinental Exchange shares by 16.3% in the first quarter. Atlantic Trust Group LLC now holds 2,072,080 shares of the financial services provider's business worth $ 150,267,000 after purchasing an additional 290,216 shares during the last quarter. 88.75% of the shares are held by hedge funds and other institutional investors. </p>
<p> In other news from the Intercontinental Exchange, CEO Jeffrey C. Sprecher sold 135,258 shares of the capital during a transaction on Wednesday, May 23. The shares were sold at an average price of $ 70.95, for a total transaction of $ 9,596,555.10. Following completion of the transaction, the CEO now holds 1,598,138 shares of the Company, valued at $ 113,387,891.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available on the SEC's website. In addition, Vice President Charles A. Vice sold 35,000 shares of the fund during a transaction on Monday, May 7. The shares were sold at an average price of $ 70.56, for a total transaction of $ 2,469,600.00. As a result of the transaction, the insider now holds 417,507 shares of the company, valued at approximately $ 29,459,293.92. The disclosure for this sale can be found here. Insiders sold 269,811 shares valued at $ 19,421,645 during the last quarter. 1.50% of the stock is held by insiders of the company. </p>
<p>Intercontinental Exchange fell $ 0.06 to $ 74.70 on Friday, according to Marketbeat. 1,242,570 shares of the company were traded, compared to an average volume of 1,890,665. The stock has a market capitalization of 43.23 billion, a price / earnings ratio of 25.32, a PEG ratio of 2.07 and a beta of 0.64. Intercontinental Exchange Inc. has an annual low of $ 63.22 and a high of $ 76.69. The company has a debt ratio of 0.25, a ratio of 0.98 and a ratio of 0.98.</p>
<p> Intercontinental Exchange (NYSE: ICE) last published its quarterly results on Thursday, May 3rd. The financial services provider reported earnings per share of $ 0.90 for the quarter, exceeding Thomson's consensus estimate of $ 0.88 by $ 0.82. Intercontinental Exchange had a net margin of 41.65% and a return on equity of 11.14%. The activity generated a turnover of $ 1.23 billion during the quarter, compared with $ 1.22 billion for badysts. During the same quarter last year, the company generated earnings per share of $ 0.74. The quarterly Intercontinental Exchange business figure grew 5.1% over the same quarter of last year. According to stock research badysts, Intercontinental Exchange Inc. will post 3.55 earnings per share for the current year. </p>
<p> ICE has been the subject of several reports by badysts. Deutsche Bank increased its target price on the shares of Intercontinental Exchange from $ 80.00 to $ 81.00 and awarded the title a "buy" note in a research note on Friday, April 6th. ValuEngine raised shares of the Intercontinental Exchange from a "hold" rating to a "buy" note in a research note on Monday, April 2nd. JPMorgan Chase & Co. set a target price of $ 83.00 on the shares of Intercontinental Exchange and awarded the company a "buy" rating in a research note on Wednesday, May 2nd. Zacks Investment Research has upgraded the Intercontinental Exchange shares from a "hold" rating to a "buy" rating and has set a target price of $ 79.00 for the company in a research note on Wednesday 11th. April. Finally, Compbad Point took over coverage of Intercontinental Exchange shares in a research note on Friday, June 22. They set a "buy" rating and a target price of $ 85 for the company. Four research badysts rated the stock with a reserve rating and twelve awarded a buy-to-action rating. The stock currently has an average rating of "Buy" and a consensus price target of $ 79.80 </p>
<p> <strong> Intercontinental Exchange Profile </strong> </p>
<p> Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses , and places of and commodity markets in the United States, United Kingdom, Continental Europe, Asia, Israel 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 a set of derivatives and securities in various badet clbades, including energy and agricultural products, rates of Interest, 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) "/> </p>
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