Intercontinental Exchange Inc. (ICE) Stake Decreased by Vanguard Group Inc

Marco Green
August 25, 2017

The institutional investor held 413,498 shares of the investment managers company at the end of 2016Q4, valued at $28.41 million, down from 856,125 at the end of the previous reported quarter. The stock rose 1.23% or $0.16 reaching $13.12. About 171,092 shares traded.

Intercontinental Exchange, Inc. (ICE) has an Analysts' Mean Recommendation of 2, according to data compiled by Finviz. It has outperformed by 30.52% the S&P500. Greystone Managed Investments Inc bought 129,797 shares as the company's stock rose 1.58% with the market. Its stake was valued at $10,851,000 an increase of 7.6% as of quarter end. Intercontinental Exchange Inc now has $38.15 billion valuation. The stock declined 0.25% or $0.16 reaching $64.86 on the news. About 681,859 shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since August 25, 2016 and is uptrending. It has underperformed by 2.90% the S&P500. The firm has "Buy" rating given on Friday, January 8 by Deutsche Bank. The firm earned "Hold" rating on Monday, July 10 by RBC Capital Markets. The firm has "Neutral" rating by Robert W. Baird given on Thursday, April 21. The stock has "Hold" rating by Craig Hallum on Wednesday, March 16. The stock of Quanta Services Inc (NYSE:PWR) has "Hold" rating given on Tuesday, January 5 by Stifel Nicolaus. RBC Capital Markets maintained the stock with "Buy" rating in Monday, August 14 report. Argus Research upgraded U.S. Bancorp (NYSE:USB) on Thursday, July 20 to "Buy" rating. The firm has "Underperform" rating given on Tuesday, October 13 by Credit Suisse. For the most recent quarter, quick ratio was 1, current ratio was 1, LT Debt/Equity ratio was 0.24 and Total Debt/Equity ratio was 0.37. It dropped, as 56 investors sold WY shares while 276 reduced holdings. Finally, FMR LLC raised its position in Intercontinental Exchange by 19.3% in the first quarter. Bnp Paribas Arbitrage Sa has 66,081 shares. Analysts are forecasting earnings of $0.7 on a per share basis this quarter. Solaris Asset Mngmt Limited Co stated it has 5,380 shares or 0.1% of all its holdings. Virtu Ltd Liability Com has 17,430 shares for 0.1% of their portfolio.

Investors sentiment decreased to 0.85 in Q4 2016. Hirtle Callaghan Co Ltd Limited Liability Company holds 0% or 25 shares in its portfolio. Levin Capital Strategies LP accumulated 44,000 shares or 0.02% of the stock. 326.16 million shares or 2.74% more from 317.45 million shares in 2016Q3 were reported. Dimensional Fund Advsr Ltd Partnership reported 0.01% stake. Gam Ag accumulated 0.08% or 78,320 shares. Perhaps, that suggests something about why 87.04% of the outstanding share supply is held by institutional investors. Salient Cap Advsrs Llc invested 0% of its portfolio in Weyerhaeuser Co (NYSE:WY). (NYSE:EVR) for 15,600 shares. Employees Retirement Association Of Colorado reported 1.72 million shares. It also reduced Fitbit Inc.

Investors sentiment increased to 11.77 in Q4 2016. Its up 10.76, from 1.01 in 2016Q3. The legal version of this news story can be viewed at https://www.truebluetribune.com/2017/08/25/intercontinental-exchange-inc-ice-is-c-partners-holding-gmbhs-5th-largest-position.html. 12 funds opened positions while 29 raised stakes. New Mountain Vantage Advisers invested in 905,075 shares.

Hellman Jordan Management Company Inc decreased American Airlines Group Inc (NASDAQ:AAL) stake by 11,743 shares to 26,007 valued at $1.21M in 2016Q4. Keefe Bruyette & Woods maintained Intercontinental Exchange Inc (NYSE:ICE) on Friday, June 16 with "Buy" rating.

Ratings analysis reveals 67% of Goodyear Tire's analysts are positive. Barclays Public Limited Com reported 226,633 shares. Brinker Cap owns 11,272 shares. Additionally the company recently declared a dividend for shareholders payable on Friday September 29th, 2017. Vanguard Group Inc. boosted its stake in Intercontinental Exchange by 3.8% in the first quarter. Catalyst Cap Advsrs Lc holds 0.02% or 5,250 shares in its portfolio. 11,870 are owned by Prelude Capital Mngmt Ltd Company. National Pension Serv reported 452,703 shares or 0.17% of all its holdings. Sei Investments holds 785,716 shares. It also reduced Grupo Finac Galicia F Adr 1 Ad (NASDAQ:GGAL) stake by 16,875 shares and now owns 7,925 shares. Wal (NYSE:WMT) was reduced too. The value of the company's investment in Intercontinental Exchange Inc. decreased from $3,090,000 to $1,836,000 decreasing 40.6% since the last quarter. Therefore 79% are positive. Barclays Capital maintained the shares of ICE in report on Friday, September 4 with "Overweight" rating. The stock of U.S. Bancorp (NYSE:USB) earned "Buy" rating by Societe Generale on Tuesday, March 22. Commonwealth Equity Service stated it has 0.01% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE). Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Standpoint Research maintained the shares of ICE in report on Sunday, August 9 with "Hold" rating. The Company provides data services for commodity and financial markets. Wood maintained Intercontinental Exchange Inc (NYSE:ICE) on Friday, April 8 with "Outperform" rating. Buckingham Research has "Buy" rating and $300 target. BMO Capital Markets maintained the stock with "Buy" rating in Thursday, June 22 report.

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