MarketAxess Holdings Inc. (NASDAQ:MKTX) Shares Bought by Walleye Capital LLC

Walleye Capital LLC boosted its stake in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) by 2,755.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,427 shares of the financial services provider's stock after purchasing an additional 98,840 shares during the quarter. Walleye Capital LLC owned approximately 0.27% of MarketAxess worth $23,153,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Quantinno Capital Management LP purchased a new stake in shares of MarketAxess during the 3rd quarter worth approximately $360,000. Wellington Management Group LLP acquired a new stake in shares of MarketAxess during the third quarter worth about $6,535,000. Nomura Asset Management Co. Ltd. boosted its position in shares of MarketAxess by 1.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 10,682 shares of the financial services provider's stock valued at $2,737,000 after purchasing an additional 143 shares during the period. Barclays PLC increased its position in MarketAxess by 16.5% during the third quarter. Barclays PLC now owns 140,760 shares of the financial services provider's stock worth $36,063,000 after buying an additional 19,962 shares during the period. Finally, M&T Bank Corp lifted its stake in MarketAxess by 4.0% in the third quarter. M&T Bank Corp now owns 1,469 shares of the financial services provider's stock valued at $376,000 after buying an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 99.01% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MKTX shares. Morgan Stanley raised MarketAxess from an "equal weight" rating to an "overweight" rating in a report on Tuesday, April 8th. William Blair began coverage on MarketAxess in a research note on Friday, April 4th. They set an "outperform" rating for the company. Keefe, Bruyette & Woods lowered their price objective on shares of MarketAxess from $251.00 to $225.00 and set a "market perform" rating on the stock in a research report on Friday, February 7th. Barclays upped their price objective on shares of MarketAxess from $225.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Monday, April 7th. Finally, UBS Group lowered their target price on shares of MarketAxess from $305.00 to $295.00 and set a "buy" rating on the stock in a report on Monday, April 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $252.11.

MarketAxess Trading Up 1.1 %

Shares of NASDAQ:MKTX traded up $2.43 on Friday, hitting $225.16. The company had a trading volume of 351,905 shares, compared to its average volume of 486,822. The company has a market cap of $8.49 billion, a PE ratio of 30.97, a PEG ratio of 3.89 and a beta of 1.12. The business has a 50 day moving average of $206.94 and a 200 day moving average of $234.55. MarketAxess Holdings Inc. has a 52-week low of $186.84 and a 52-week high of $296.68.

MarketAxess (NASDAQ:MKTX - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.70 by $0.03. MarketAxess had a net margin of 33.56% and a return on equity of 20.23%. As a group, equities analysts predict that MarketAxess Holdings Inc. will post 7.79 EPS for the current year.

MarketAxess Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th were issued a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 1.35%. This is an increase from MarketAxess's previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Wednesday, February 19th. MarketAxess's payout ratio is presently 41.82%.

MarketAxess Profile

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.