As Intercontinentalexchange Group (ICE) Stock Price Declined, Cohen Lawrence B Has Raised by $563,400 Its Position; As Liberty Global Plc (LBTYK) Share Value Declined, Dodge & Cox Increased by $26.81 Million Its Stake

June 24, 2018 - By Dolores Ford

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Dodge & Cox increased its stake in Liberty Global Plc (LBTYK) by 2.38% based on its latest 2018Q1 regulatory filing with the SEC. Dodge & Cox bought 893,700 shares as the company’s stock declined 11.63% with the market. The institutional investor held 38.44 million shares of the television services company at the end of 2018Q1, valued at $1.17 billion, up from 37.55 million at the end of the previous reported quarter. Dodge & Cox who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $23.35 billion market cap company. The stock increased 2.33% or $0.66 during the last trading session, reaching $28.98. About 2.68M shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 7.09% since June 24, 2017 and is downtrending. It has underperformed by 19.66% the S&P500. Some Historical LBTYK News: 23/03/2018 – LIBERTY GLOBAL TERMINATED PACT TO BUY MULTIMEDIA POLSKA; 17/05/2018 – Aflac, Commonwealth Bank of Australia, Google, and Liberty Global Join PegaWorld 2018 Keynote Lineup; 05/03/2018 – LIBERTY GLOBAL CEO MIKE FRIES SPEAKS AT CONFERENCE; 23/05/2018 – Vodafone Is Said to Offer Bonds to Finance Liberty Global Deal; 09/05/2018 – VODAFONE VOD.L CEO SAYS NO CHANGE IN STATUS OF LIBERTY GLOBAL JOINT-VENTURE IN NETHERLANDS AFTER WIDER DEAL; 09/05/2018 – VODAFONE GROUP PLC VOD.L – VODAFONE TO ACQUIRE LIBERTY GLOBAL’S OPERATIONS IN GERMANY, CZECH REPUBLIC, HUNGARY AND ROMANIA FOR 18.4 BLN EURO; 20/03/2018 – MEDIA-Liberty is said to hold talks with Sunrise for Swiss venture- Bloomberg; 09/05/2018 – Vodafone Confirms Deal to Buy Some Liberty Global European Assets for Nearly $22 Billion; 09/05/2018 – Vodafone Group to Buy Liberty Assets in Germany, Hungary, Romania, Czech Republic; 09/05/2018 – TELEFONICA DEUTSCHLAND CEO: VODAFONE-LIBERTY DEAL WOULD ALSO CREATE DE FACTO FIXED-LINE DUOPOLY IN GERMANY

Cohen Lawrence B increased its stake in Intercontinentalexchange Group Inc (ICE) by 72.22% based on its latest 2018Q1 regulatory filing with the SEC. Cohen Lawrence B bought 7,825 shares as the company’s stock declined 3.64% with the market. The institutional investor held 18,660 shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $1.35 million, up from 10,835 at the end of the previous reported quarter. Cohen Lawrence B who had been investing in Intercontinentalexchange Group Inc for a number of months, seems to be bullish on the $43.33 billion market cap company. The stock decreased 0.17% or $0.13 during the last trading session, reaching $74.8. About 2.09M shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 17.24% since June 24, 2017 and is uptrending. It has outperformed by 4.67% the S&P500. Some Historical ICE News: 04/05/2018 – Foes of market data fee hikes encouraged by SEC scrutiny; 04/04/2018 – INTERCONTINENTAL EXCHANGE INC – IN QTR, TOTAL COMMODITIES ADV UP 4% Y/Y; 03/05/2018 – Intercontinental Exchange 1Q Rev $1.58B; 04/04/2018 – ICE FUTURES U.S. – DAILY TRADING LIMIT FOR ALL COTTON NO. 2 FUTURES CONTRACT DELIVERY MONTHS WILL REVERT TO 3 CENTS PER POUND (300 POINTS) ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE; 03/05/2018 – Exchange operator ICE’s profit falls 7.8 pct; 28/03/2018 – CORRECTED-FACTBOX-Shanghai exchange plans China’s first crude oil futures; 27/03/2018 – Intercontinental Exchange Announces Marketing and Communications Leadership as Kelly Loeffler Prepares to Depart at the End of 2018; 26/04/2018 – ICE Closes Below 50-Day Moving Average: Technicals; 04/04/2018 – Intercontinental Exchange Reports March and First Quarter 2018 Statistics, Including Record Futures Average Daily Volume and Open Interest; 18/04/2018 – BOE OFFICIAL DOES NOT EXPECT REFORMED SONIA RATE TO FACE SAME PROBLEMS AS U.S. LIBOR REPLACEMENT

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.41, from 1.28 in 2017Q4. It is negative, as 45 investors sold ICE shares while 258 reduced holdings. 73 funds opened positions while 191 raised stakes. 486.05 million shares or 2.19% less from 496.95 million shares in 2017Q4 were reported. Checchi Capital Advisers Ltd Limited Liability Company owns 6,064 shares or 0.06% of their US portfolio. Hilltop holds 0.04% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 3,427 shares. Cipher Capital Limited Partnership reported 21,361 shares. Zeke Advisors Ltd Liability Co has invested 0.09% in Intercontinental Exchange, Inc. (NYSE:ICE). Advisory Network Ltd Limited Liability Company invested in 0.09% or 16,137 shares. Public Sector Pension Investment Board invested in 0.06% or 124,687 shares. Benjamin F Edwards And Inc has invested 0.01% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Martingale Asset Mgmt Ltd Partnership reported 11,111 shares. Tiaa Cref Mngmt Lc stated it has 2.15 million shares. Utah Retirement System reported 107,085 shares stake. 552,953 are held by Bnp Paribas Asset Mngmt Hldgs. New York-based Cantillon Cap Management Ltd Company has invested 4.21% in Intercontinental Exchange, Inc. (NYSE:ICE). 69,100 were reported by Skylands Capital. Virginia Retirement Et Al has 115,000 shares for 0.1% of their portfolio. Park National Oh holds 0.55% or 130,064 shares.

Cohen Lawrence B, which manages about $149.10 million US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 2,310 shares to 36,451 shares, valued at $6.12 million in 2018Q1, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 3,715 shares in the quarter, leaving it with 35,013 shares, and cut its stake in Intel Corp (NASDAQ:INTC).

More recent Intercontinental Exchange, Inc. (NYSE:ICE) news were published by: Seekingalpha.com which released: “NYSE To Acquire Radiate For Business Video Platform” on June 11, 2018. Also Seekingalpha.com published the news titled: “NYSE names Betty Liu executive vice chairman and will buy her firm Radiate” on June 05, 2018. Seekingalpha.com‘s news article titled: “ICE to buy TMC Bonds for $685M cash” with publication date: May 29, 2018 was also an interesting one.

Among 21 analysts covering Intercontinental Exchange (NYSE:ICE), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Intercontinental Exchange had 70 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Buy” rating given on Thursday, August 4 by Deutsche Bank. The stock has “Buy” rating by Jefferies on Monday, June 26. The firm earned “Buy” rating on Thursday, May 19 by Buckingham Research. UBS maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, August 4. UBS has “Buy” rating and $314 target. RBC Capital Markets maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Monday, August 14 with “Buy” rating. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Neutral” rating by Citigroup on Friday, November 3. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. RBC Capital Markets maintained it with “Buy” rating and $76.0 target in Monday, October 16 report. Wells Fargo maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, October 5. Wells Fargo has “Market Perform” rating and $73 target. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, November 2.

Intercontinental Exchange, Inc. (NYSE:ICE) Institutional Positions Chart

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