MarketAxess Holdings, Inc. (MKTX) Holdings Increased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. boosted its stake in shares of MarketAxess Holdings, Inc. (NASDAQ:MKTX) by 15.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,922 shares of the financial services provider’s stock after buying an additional 1,446 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in MarketAxess Holdings were worth $2,196,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. raised its holdings in MarketAxess Holdings by 2.1% during the 2nd quarter. BlackRock Inc. now owns 3,063,588 shares of the financial services provider’s stock worth $616,087,000 after buying an additional 62,914 shares during the period. Vanguard Group Inc. raised its holdings in MarketAxess Holdings by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 2,894,267 shares of the financial services provider’s stock worth $582,038,000 after buying an additional 38,702 shares during the period. Baillie Gifford & Co. raised its holdings in MarketAxess Holdings by 5.1% during the 2nd quarter. Baillie Gifford & Co. now owns 2,752,949 shares of the financial services provider’s stock worth $553,618,000 after buying an additional 134,588 shares during the period. State Street Corp raised its holdings in MarketAxess Holdings by 0.4% during the 2nd quarter. State Street Corp now owns 984,978 shares of the financial services provider’s stock worth $198,075,000 after buying an additional 4,168 shares during the period. Finally, Franklin Resources Inc. raised its holdings in MarketAxess Holdings by 8.4% during the 2nd quarter. Franklin Resources Inc. now owns 869,065 shares of the financial services provider’s stock worth $174,782,000 after buying an additional 67,254 shares during the period. Hedge funds and other institutional investors own 91.19% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “MarketAxess Holdings, Inc. (MKTX) Holdings Increased by Raymond James Financial Services Advisors Inc.” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/19/marketaxess-holdings-inc-mktx-holdings-increased-by-raymond-james-financial-services-advisors-inc.html.

MarketAxess Holdings, Inc. (NASDAQ MKTX) opened at 193.48 on Thursday. MarketAxess Holdings, Inc. has a one year low of $145.10 and a one year high of $211.06. The stock has a 50 day moving average price of $184.40 and a 200-day moving average price of $191.19. The firm has a market cap of $7.26 billion, a P/E ratio of 50.89 and a beta of 0.71.

MarketAxess Holdings (NASDAQ:MKTX) last issued its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.08. MarketAxess Holdings had a return on equity of 30.38% and a net margin of 37.46%. The business had revenue of $97.31 million during the quarter, compared to analyst estimates of $96.42 million. During the same quarter in the prior year, the business posted $0.88 EPS. MarketAxess Holdings’s revenue for the quarter was up .7% compared to the same quarter last year. Analysts predict that MarketAxess Holdings, Inc. will post $4.02 EPS for the current fiscal year.

Several research firms have issued reports on MKTX. Raymond James Financial, Inc. boosted their price objective on MarketAxess Holdings from $216.00 to $219.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. BidaskClub upgraded MarketAxess Holdings from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Zacks Investment Research downgraded MarketAxess Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $205.00 price objective on shares of MarketAxess Holdings in a report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $192.40.

In other MarketAxess Holdings news, CEO Richard M. Mcvey sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $198.63, for a total value of $3,972,600.00. Following the completion of the sale, the chief executive officer now owns 1,108,142 shares of the company’s stock, valued at $220,110,245.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. raised its holdings in MarketAxess Holdings by 2.1% during the 2nd quarter. BlackRock Inc. now owns 3,063,588 shares of the financial services provider’s stock worth $616,087,000 after buying an additional 62,914 shares during the period. Vanguard Group Inc. raised its holdings in MarketAxess Holdings by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 2,894,267 shares of the financial services provider’s stock worth $582,038,000 after buying an additional 38,702 shares during the period. Baillie Gifford & Co. raised its holdings in MarketAxess Holdings by 5.1% during the 2nd quarter. Baillie Gifford & Co. now owns 2,752,949 shares of the financial services provider’s stock worth $553,618,000 after buying an additional 134,588 shares during the period. State Street Corp raised its holdings in MarketAxess Holdings by 0.4% during the 2nd quarter. State Street Corp now owns 984,978 shares of the financial services provider’s stock worth $198,075,000 after buying an additional 4,168 shares during the period. Finally, Franklin Resources Inc. raised its holdings in MarketAxess Holdings by 8.4% during the 2nd quarter. Franklin Resources Inc. now owns 869,065 shares of the financial services provider’s stock worth $174,782,000 after buying an additional 67,254 shares during the period. Hedge funds and other institutional investors own 91.19% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “MarketAxess Holdings, Inc. (MKTX) Holdings Increased by Raymond James Financial Services Advisors Inc.” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/19/marketaxess-holdings-inc-mktx-holdings-increased-by-raymond-james-financial-services-advisors-inc.html.

MarketAxess Holdings, Inc. (NASDAQ MKTX) opened at 193.48 on Thursday. MarketAxess Holdings, Inc. has a one year low of $145.10 and a one year high of $211.06. The stock has a 50 day moving average price of $184.40 and a 200-day moving average price of $191.19. The firm has a market cap of $7.26 billion, a P/E ratio of 50.89 and a beta of 0.71.

MarketAxess Holdings (NASDAQ:MKTX) last issued its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.08. MarketAxess Holdings had a return on equity of 30.38% and a net margin of 37.46%. The business had revenue of $97.31 million during the quarter, compared to analyst estimates of $96.42 million. During the same quarter in the prior year, the business posted $0.88 EPS. MarketAxess Holdings’s revenue for the quarter was up .7% compared to the same quarter last year. Analysts predict that MarketAxess Holdings, Inc. will post $4.02 EPS for the current fiscal year.

Several research firms have issued reports on MKTX. Raymond James Financial, Inc. boosted their price objective on MarketAxess Holdings from $216.00 to $219.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. BidaskClub upgraded MarketAxess Holdings from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Zacks Investment Research downgraded MarketAxess Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $205.00 price objective on shares of MarketAxess Holdings in a report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $192.40.

In other MarketAxess Holdings news, CEO Richard M. Mcvey sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $198.63, for a total value of $3,972,600.00. Following the completion of the sale, the chief executive officer now owns 1,108,142 shares of the company’s stock, valued at $220,110,245.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.02% of the stock is owned by corporate insiders.

MarketAxess Holdings Profile

MarketAxess Holdings Inc operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its trading technology. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, credit default swaps and other fixed-income securities.

Want to see what other hedge funds are holding MKTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MarketAxess Holdings, Inc. (NASDAQ:MKTX).

Institutional Ownership by Quarter for MarketAxess Holdings (NASDAQ:MKTX)

Receive News & Ratings for MarketAxess Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MarketAxess Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.