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Earnest Partners LLC Lowers Stake in Intercontinental Exchange Inc. $ICE
Earnest Partners LLC reduced its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 3.0% in Q3, selling 22,933 shares and ending with 750,842 shares valued at approximately $126.5 million. Despite this, other institutional investors increased their stakes, and the company reported strong quarterly earnings, exceeding analyst expectations with $1.71 EPS and $3.14 billion in revenue. Intercontinental Exchange also announced a quarterly dividend of $0.52 per share.