1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC boosted its position in shares of MarketAxess Holdings Inc. ( NASDAQ:MKTX – Free Report ) by 3.5% during the 4th quarter, according to the company in its most recent filing with the SEC.
The institutional investor owned 3,416 shares of the financial services provider’s stock after buying an additional 117 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in MarketAxess were worth $772,000 as of its most recent SEC filing. A number of other hedge funds have also recently bought and sold shares of the company.
Captrust Financial Advisors boosted its holdings in MarketAxess by 5.6% in the third quarter. Captrust Financial Advisors now owns 2,804 shares of the financial services provider’s stock valued at $718,000 after acquiring an additional 148 shares during the last quarter.
Centiva Capital LP acquired a new position in MarketAxess during the 3rd quarter valued at about $332,000. Investment Management Corp of Ontario bought a new position in shares of MarketAxess in the 3rd quarter valued at about $308,000. Quantinno Capital Management LP acquired a new stake in shares of MarketAxess during the 3rd quarter worth approximately $360,000.
Finally, Quadrature Capital Ltd bought a new stake in shares of MarketAxess during the third quarter worth approximately $377,000. 99.01% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth A number of analysts have commented on MKTX shares. UBS Group lowered their target price on shares of MarketAxess from $330.00 to $305.
00 and set a “buy” rating for the company in a report on Friday, February 7th. Barclays decreased their price objective on MarketAxess from $256.00 to $225.
00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Piper Sandler cut their target price on MarketAxess from $265.00 to $240.
00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Bank of America boosted their target price on MarketAxess from $189.00 to $191.
00 and gave the stock an “underperform” rating in a research report on Wednesday, April 2nd. Finally, The Goldman Sachs Group cut their price target on shares of MarketAxess from $235.00 to $210.
00 and set a “neutral” rating on the stock in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.
com, the company has a consensus rating of “Hold” and an average target price of $255.44. MarketAxess Stock Performance Shares of MKTX stock opened at $212.
94 on Monday. The company has a market capitalization of $8.03 billion, a P/E ratio of 29.
29, a price-to-earnings-growth ratio of 3.89 and a beta of 1.12.
MarketAxess Holdings Inc. has a 52 week low of $186.84 and a 52 week high of $296.
68. The company’s 50 day moving average price is $206.64 and its two-hundred day moving average price is $237.
41. MarketAxess ( NASDAQ:MKTX – Get Free Report ) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.
73 EPS for the quarter, beating the consensus estimate of $1.70 by $0.03.
MarketAxess had a net margin of 33.56% and a return on equity of 20.23%.
Analysts forecast that MarketAxess Holdings Inc. will post 7.79 earnings per share for the current year.
MarketAxess Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th were issued a dividend of $0.76 per share.
The ex-dividend date was Wednesday, February 19th. This is an increase from MarketAxess’s previous quarterly dividend of $0.74.
This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.43%.
MarketAxess’s dividend payout ratio (DPR) is presently 41.82%. MarketAxess Profile ( Free Report ) MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide.
The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.
S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.
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