Boston Trust Walden Corp Purchases Shares of 1,802 Intercontinental Exchange, Inc. (NYSE:ICE)

Boston Trust Walden Corp purchased a new position in shares of Intercontinental Exchange, Inc. (NYSE:ICE) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,802 shares of the financial services provider’s stock, valued at approximately $269,000.

Several other hedge funds have also recently made changes to their positions in ICE. AMF Tjanstepension AB lifted its stake in Intercontinental Exchange by 14.5% in the third quarter. AMF Tjanstepension AB now owns 127,199 shares of the financial services provider’s stock valued at $20,441,000 after buying an additional 16,130 shares during the period. Czech National Bank increased its stake in shares of Intercontinental Exchange by 7.0% in the 3rd quarter. Czech National Bank now owns 116,958 shares of the financial services provider’s stock valued at $18,788,000 after acquiring an additional 7,656 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Intercontinental Exchange by 35.4% in the 3rd quarter. GAMMA Investing LLC now owns 8,359 shares of the financial services provider’s stock valued at $1,343,000 after acquiring an additional 2,186 shares in the last quarter. Diversified Trust Co lifted its position in shares of Intercontinental Exchange by 281.4% during the 3rd quarter. Diversified Trust Co now owns 5,953 shares of the financial services provider’s stock valued at $956,000 after acquiring an additional 4,392 shares during the period. Finally, Mather Group LLC. boosted its stake in Intercontinental Exchange by 6.6% during the third quarter. Mather Group LLC. now owns 2,352 shares of the financial services provider’s stock worth $378,000 after acquiring an additional 146 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ICE. Morgan Stanley lifted their price target on shares of Intercontinental Exchange from $160.00 to $174.00 and gave the company an “equal weight” rating in a research note on Thursday, October 17th. Barclays dropped their price target on Intercontinental Exchange from $187.00 to $179.00 and set an “overweight” rating on the stock in a research note on Monday, January 13th. StockNews.com cut Intercontinental Exchange from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 target price on shares of Intercontinental Exchange in a research report on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Intercontinental Exchange from $160.00 to $163.00 and gave the company a “hold” rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $175.27.

Intercontinental Exchange Stock Performance

Shares of ICE opened at $159.37 on Wednesday. The stock has a 50 day moving average of $153.14 and a 200 day moving average of $156.63. The company has a market capitalization of $91.50 billion, a price-to-earnings ratio of 37.76, a PEG ratio of 3.06 and a beta of 1.11. Intercontinental Exchange, Inc. has a 12 month low of $124.34 and a 12 month high of $167.99. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68.

Insider Buying and Selling at Intercontinental Exchange

In other Intercontinental Exchange news, insider Christopher Scott Edmonds sold 601 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $147.73, for a total value of $88,785.73. Following the sale, the insider now directly owns 12,922 shares in the company, valued at $1,908,967.06. The trade was a 4.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Stuart Glen Williams sold 750 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $152.99, for a total value of $114,742.50. Following the transaction, the chief operating officer now owns 12,780 shares of the company’s stock, valued at $1,955,212.20. The trade was a 5.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,795 shares of company stock worth $2,120,572 in the last quarter. 1.10% of the stock is currently owned by company insiders.

Intercontinental Exchange Company Profile

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.