2 weeks Ago By ABMN Staff
HBK Sorce Advisory LLC lifted its position in Intercontinental Exchange, Inc. ( NYSE:ICE – Free Report ) by 3.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 2,112 shares of the financial services provider’s stock after acquiring an additional 75 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Intercontinental Exchange were worth $289,000 at the end of the most recent reporting period. Other large investors have also recently made changes to their positions in the company.
Norges Bank bought a new stake in Intercontinental Exchange in the fourth quarter worth about $839,259,000. Wellington Management Group LLP boosted its holdings in Intercontinental Exchange by 35.0% during the 4th quarter.
Wellington Management Group LLP now owns 16,397,991 shares of the financial services provider’s stock valued at $2,105,994,000 after acquiring an additional 4,251,371 shares during the period. Vanguard Group Inc. grew its position in Intercontinental Exchange by 7.
5% in the 1st quarter. Vanguard Group Inc. now owns 50,776,525 shares of the financial services provider’s stock valued at $6,978,218,000 after acquiring an additional 3,536,913 shares during the last quarter.
Capital World Investors increased its stake in Intercontinental Exchange by 35.6% in the fourth quarter. Capital World Investors now owns 9,643,762 shares of the financial services provider’s stock worth $1,238,559,000 after purchasing an additional 2,530,119 shares during the period.
Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in shares of Intercontinental Exchange by 303.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,381,314 shares of the financial services provider’s stock worth $305,832,000 after purchasing an additional 1,790,493 shares during the last quarter.
89.30% of the stock is owned by hedge funds and other institutional investors. Intercontinental Exchange Stock Up 0.
1 % NYSE:ICE opened at $161.36 on Monday. The company’s 50-day simple moving average is $154.
20 and its 200-day simple moving average is $142.02. The company has a debt-to-equity ratio of 0.
69, a quick ratio of 0.99 and a current ratio of 0.99.
Intercontinental Exchange, Inc. has a fifty-two week low of $104.49 and a fifty-two week high of $163.
71. The stock has a market capitalization of $92.55 billion, a P/E ratio of 37.
01, a P/E/G ratio of 2.81 and a beta of 1.08.
Wall Street Analyst Weigh In A number of research firms have recently commented on ICE. Argus restated a “buy” rating and issued a $153.00 price target on shares of Intercontinental Exchange in a report on Tuesday, May 21st.
StockNews.com lowered shares of Intercontinental Exchange from a “hold” rating to a “sell” rating in a research report on Friday, September 6th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $168.
00 price target on shares of Intercontinental Exchange in a report on Tuesday, August 6th. Barclays increased their price objective on Intercontinental Exchange from $159.00 to $167.
00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, The Goldman Sachs Group upgraded Intercontinental Exchange from a “neutral” rating to a “buy” rating and upped their target price for the stock from $143.00 to $167.
00 in a report on Monday, July 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $154.
93. Read Our Latest Stock Report on ICE Insider Buying and Selling In other Intercontinental Exchange news, General Counsel Andrew J. Surdykowski sold 1,898 shares of the stock in a transaction dated Wednesday, June 26th.
The stock was sold at an average price of $136.66, for a total value of $259,380.68.
Following the completion of the sale, the general counsel now directly owns 46,815 shares in the company, valued at $6,397,737.90. The transaction was disclosed in a document filed with the SEC, which is available at this link .
In other news, CAO James W. Namkung sold 1,043 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $150.
00, for a total transaction of $156,450.00. Following the sale, the chief accounting officer now directly owns 17,836 shares of the company’s stock, valued at $2,675,400.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, General Counsel Andrew J. Surdykowski sold 1,898 shares of the firm’s stock in a transaction on Wednesday, June 26th.
The stock was sold at an average price of $136.66, for a total value of $259,380.68.
Following the completion of the transaction, the general counsel now owns 46,815 shares of the company’s stock, valued at approximately $6,397,737.90. The disclosure for this sale can be found here .
Insiders have sold a total of 67,096 shares of company stock worth $9,593,983 in the last ninety days. 1.10% of the stock is owned by insiders.
About Intercontinental Exchange ( Free Report ) Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada. Further Reading Want to see what other hedge funds are holding ICE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intercontinental Exchange, Inc.
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