Barclays:Marketaxess (MKTX) Valuation Insights

September 8, 2018 - By Mary Kidd

MarketAxess Holdings Inc. (NASDAQ:MKTX) Logo

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.18, from 0.99 in 2017Q4. It is positive, as 27 investors sold MarketAxess Holdings Inc. shares while 84 reduced holdings. 39 funds opened positions while 91 raised stakes. 35.96 million shares or 0.42% less from 36.11 million shares in 2017Q4 were reported.

Tocqueville Asset Lp owns 2,730 shares. Bnp Paribas Arbitrage Sa holds 5,077 shares. Aqr Capital Mngmt Llc invested in 51,787 shares or 0.01% of the stock. 7 are held by Lifeplan Finance Grp Incorporated. Bamco Inc Ny reported 0.27% stake. State Of Wisconsin Investment Board holds 7,359 shares. Prudential owns 23,976 shares. Dimensional Fund Advisors Lp has 0.02% invested in MarketAxess Holdings Inc. (NASDAQ:MKTX) for 169,727 shares. Rhumbline Advisers reported 0.04% stake. 16,289 were accumulated by Segall Bryant Hamill Ltd Liability. Kayne Anderson Rudnick Ltd Liability holds 1.12M shares. Enterprise Financial Svcs invested 0% in MarketAxess Holdings Inc. (NASDAQ:MKTX). Virginia Retirement Et Al has 0.01% invested in MarketAxess Holdings Inc. (NASDAQ:MKTX). Employees Retirement System Of Texas invested 0.08% in MarketAxess Holdings Inc. (NASDAQ:MKTX). Qs Invsts Limited Liability stated it has 3 shares.

Since March 9, 2018, it had 0 buys, and 4 selling transactions for $11.61 million activity. Shares for $558,574 were sold by McPherson Kevin M. Shares for $2.39M were sold by Themelis Nicholas on Tuesday, August 14. The insider McVey Richard M sold 35,000 shares worth $7.11M.

How Barclays Currently Rates Marketaxess (MKTX)

In an analyst note released today, Barclays analysts began Marketaxess (MKTX) coverage with Equal Weight rating.

The stock increased 1.51% or $2.79 during the last trading session, reaching $186.96. About 214,320 shares traded or 11.74% up from the average. MarketAxess Holdings Inc. (MKTX) has risen 7.67% since September 8, 2017 and is uptrending. It has underperformed by 4.90% the S&P500.

Analysts await MarketAxess Holdings Inc. (NASDAQ:MKTX) to report earnings on October, 24. They expect $0.99 EPS, up 10.00 % or $0.09 from last year’s $0.9 per share. MKTX’s profit will be $37.19M for 47.21 P/E if the $0.99 EPS becomes a reality. After $1.07 actual EPS reported by MarketAxess Holdings Inc. for the previous quarter, Wall Street now forecasts -7.48 % negative EPS growth.

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. The company has market cap of $7.02 billion. It offers institutional investor and broker-dealer the access to global liquidity in U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, municipal bonds, credit default swaps, and other fixed-income securities. It has a 45.5 P/E ratio. The firm through its Open Trading protocol, executes trades in certain bonds between and among institutional investor and broker-dealer clients in an all-to-all trading environment on a matched principal basis.

Another recent and important MarketAxess Holdings Inc. (NASDAQ:MKTX) news was published by which published an article titled: “MarketAxess Announces Monthly Volume Statistics for August 2018” on September 05, 2018.

MarketAxess Holdings Inc. (NASDAQ:MKTX) Institutional Positions Chart

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