Vice Sells 7500 Shares of Intercontinental Exchange Inc (ICE) Stock

Lloyd Doyle
December 7, 2017

Analysts have placed a $75.77 price target on Intercontinental Exchange, Inc., suggesting a 6.79% gain from recent close.

Intercontinental Exchange Inc, formerly IntercontinentalExchange Group, Inc, is a network of regulated exchanges and clearing houses for financial and commodity markets. The stock kicked off the session at $71.75 and later approached $70.95 with a change of -1.23%. Over the last five days, shares have managed 2.31% gains and now is up 10.92% since hitting its 200-day moving average of $65.89.

Shares of Intercontinental Exchange Inc (NYSE:ICE) traded up 0.25% during midday trading on Thursday, hitting $60.34. It has underperformed by 2.90% the S&P500.

Jacob Doft decreased its stake in Intercontinental Exchange In (ICE) by 17.53% based on its latest 2017Q2 regulatory filing with the SEC. Thomas White Ltd owns 15,405 shares. (NYSE:ICE) for 103 shares. Radius Health Inc now has $1.26B valuation. The target implies a -2.24% decrease from where the shares are now trading. About 829,741 shares traded. It has outperformed by 15.85% the S&P500.

The investor is now holding $15.3 million shares due in part to a decrease of 392913 new shares in their portfolio. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.01 and a quick ratio of 1.01. FCG Advisors LLC raised its position in shares of Intercontinental Exchange by 1.1% in the first quarter. 505.99 million shares or 0.95% less from 510.84 million shares in 2017Q1 were reported. 8,482 are owned by First Business Financial Svcs. Pitcairn accumulated 0.05% or 5,887 shares. Two Sigma Secs Ltd Co holds 7,049 shares or 0.09% of its portfolio. Caisse De Depot Et Placement Du Quebec holds 0.01% or 49,950 shares. Integral Derivatives Lc reported 4,243 shares or 0.01% of all its holdings. Peapack Gladstone Fincl invested in 0% or 3,780 shares. Howard Mngmt accumulated 146,474 shares. Kelly Lawrence W And Associates Ca stated it has 249,880 shares or 3.26% of all its holdings. Boys Arnold owns 20,245 shares. (NYSE:ICE). Liberty Cap Mngmt holds 0.49% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 713,675 shares.

It's true that investors are concerned with exorbitant cost, however Gurus are averse to any selling for above avg CAPE ratio, secondly with present positive trend Intercontinental Exchange, Inc. stock prices are more of reflection on than true value causing stocks to be overbought. (NYSE:ICE). California Public Employees Retirement has invested 0.14% in Intercontinental Exchange, Inc.


Intercontinental Exchange (NYSE:ICE) last announced its quarterly earnings results on Thursday, November 2nd. With an institutional ownership near 14.9%, it carries an earnings per share ratio of -0.15. Westwood Holding Gru holds 1.48 million shares or 0.8% of its portfolio. Moreover, Maltese Capital Management Llc has 0.88% invested in the company for 232,400 shares. It also upped Metlife Inc (Call) (NYSE:MET) stake by 750,000 shares and now owns 2.50 million shares. Schlumberger Ltd (NYSE:SLB) was raised too.

Intercontinental Exchange, Inc. (NYSE:ICE)'s earnings per share has been growing at a 11.5 percent rate over the past 5 year when average revenue increase was noted as 27.6 percent. Therefore 73% are positive.

Covering analysts are looking for Intercontinental Exchange Inc. Jefferies maintained it with "Buy" rating and $7000 target in Monday, June 26 report. Deutsche Bank AG reaffirmed a "buy" rating and issued a $66.00 target price (down from $67.00) on shares of Intercontinental Exchange in a research note on Monday, May 15th. The firm earned "Buy" rating on Friday, November 3 by UBS. (NYSE:ICE) on Tuesday, June 6 with "Hold" rating. Jefferies maintained the shares of ICE in report on Wednesday, October 11 with "Buy" rating. On Thursday, August 4 the stock rating was maintained by Barclays Capital with "Overweight".

The company's consensus rating on Reuter's scale slipped from 2.13 to 2.07 during a month. Sterne Agee CRT initiated Intercontinental Exchange, Inc.

Proffitt & Goodson Inc decreased Bank Amer Corp (NYSE:BAC) stake by 22,275 shares to 56,777 valued at $1.38M in 2017Q2. They expect $0.73 EPS, up 2.82 % or $0.02 from last year's $0.71 per share. ICE's profit will be $427.06 million for 24.60 P/E if the $0.73 EPS becomes a reality. After $0.72 actual earnings per share reported by Intercontinental Exchange, Inc. for the previous quarter, Wall Street now forecasts 1.39 % EPS growth. Cetera Advsr Limited Co holds 3,312 shares or 0.01% of its portfolio. The company was maintained on Thursday, April 13 by Wood.

This stock (ICE) is ahead of its 52-week low with 27.16%. Standpoint Research maintained it with "Hold" rating and $257 target in Sunday, August 9 report. The stock of Baxter International Inc. Morgan Stanley downgraded Hannover Rück SE (OTCMKTS:HVRRF) on Wednesday, August 19 to "Underweight" rating. Wells Fargo maintained Intercontinental Exchange, Inc. (NYSE:ICE). 9,127 were reported by Jane Street Grp Ltd Llc.

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