Handelsbanken Fonder AB and
Los Angeles Capital Management LLC have increased their stakes in
MarketAxess Holdings. MarketAxess has also attracted investments from
Ieq Capital LLC and
Alberta Investment Management Corp among others. The company's Q4 earnings beat projections, backed by strong emerging markets volumes, marking record revenue growth. They have revised their dividends to $0.76 per share as shareholders are set to receive a larger dividend than the last year. The overall stock position, however, has been reduced by
New York State Common Retirement Fund. Furthermore, the company has revealed plans to participate in
Raymond James 2025 Institutional Investors Conference. Ongoing product innovations, such as the expansion of MarketAxess AI-Powered Pricing Engine to cover Municipal Bonds are noteworthy. A strategic fixed-income data partnership has also been announced with
S&P Global Market Intelligence. However, MarketAxess stock has reached a 52-week low amid market shifts prompting a converse price target forecast by
UBS Group and
D.A. Davidson & CO. MarketAxess is set to announce its Q4 and full-year 2024 results with a CEO presenting a strategic update.
Marketaxess Holdings MKTX News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 07:30:02 GMT -
Rating 1
- Innovation 2
- Information 5
- Rumor -1
