Enable Midstream Partners, LP (ENBL) Reaches $13.89 After 8.00% Up Move; Marketaxess Holdings (MKTX)’s Sentiment Is 0.99

April 20, 2018 - By Vivian Park

MarketAxess Holdings Inc. (NASDAQ:MKTX) Logo

The stock of Enable Midstream Partners, LP (NYSE:ENBL) is a huge mover today! The stock increased 1.91% or $0.26 during the last trading session, reaching $13.89. About 60,735 shares traded. Enable Midstream Partners, LP (NYSE:ENBL) has declined 18.20% since April 20, 2017 and is downtrending. It has underperformed by 29.75% the S&P500.The move comes after 9 months positive chart setup for the $6.01 billion company. It was reported on Apr, 20 by Barchart.com. We have $15.00 PT which if reached, will make NYSE:ENBL worth $480.72 million more.

Marketaxess Holdings Inc (MKTX) investors sentiment decreased to 0.99 in 2017 Q4. It’s down -0.29, from 1.28 in 2017Q3. The ratio dropped, as 132 institutional investors started new and increased stock positions, while 134 sold and decreased their stakes in Marketaxess Holdings Inc. The institutional investors in our database reported: 36.11 million shares, up from 33.63 million shares in 2017Q3. Also, the number of institutional investors holding Marketaxess Holdings Inc in top ten stock positions increased from 3 to 4 for an increase of 1. Sold All: 38 Reduced: 96 Increased: 85 New Position: 47.

The stock increased 0.60% or $1.21 during the last trading session, reaching $203.88. About 137,117 shares traded. MarketAxess Holdings Inc. (MKTX) has risen 17.45% since April 20, 2017 and is uptrending. It has outperformed by 5.90% the S&P500.

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 $7.67 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 52.41 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.

Ratings analysis reveals 50% of Marketaxess’s analysts are positive. Out of 2 Wall Street analysts rating Marketaxess, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. MKTX was included in 2 notes of analysts from January 3, 2017. The firm has “Outperform” rating given on Tuesday, January 3 by Raymond James. The rating was upgraded by Macquarie Research on Tuesday, January 31 to “Neutral”.

Analysts await MarketAxess Holdings Inc. (NASDAQ:MKTX) to report earnings on April, 25 before the open. They expect $1.22 earnings per share, up 9.91% or $0.11 from last year’s $1.11 per share. MKTX’s profit will be $45.91 million for 41.78 P/E if the $1.22 EPS becomes a reality. After $0.89 actual earnings per share reported by MarketAxess Holdings Inc. for the previous quarter, Wall Street now forecasts 37.08% EPS growth.

Van Berkom & Associates Inc. holds 2.95% of its portfolio in MarketAxess Holdings Inc. for 448,146 shares. Ashford Capital Management Inc owns 76,626 shares or 2.41% of their US portfolio. Moreover, Kames Capital Plc has 2.22% invested in the company for 435,478 shares. The New York-based Forte Capital Llc Adv has invested 2.18% in the stock. Next Century Growth Investors Llc, a Minnesota-based fund reported 84,504 shares.

Since January 1, 0001, it had 0 buys, and 5 sales for $10.85 million activity.

Among 14 analysts covering Enable Midstream Partners (NYSE:ENBL), 9 have Buy rating, 2 Sell and 3 Hold. Therefore 64% are positive. Enable Midstream Partners has $23 highest and $6 lowest target. $16.46’s average target is 18.50% above currents $13.89 stock price. Enable Midstream Partners had 38 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 5 report. JP Morgan upgraded the stock to “Overweight” rating in Monday, May 23 report. The stock of Enable Midstream Partners, LP (NYSE:ENBL) earned “Buy” rating by R. F. Lafferty on Wednesday, December 6. Morgan Stanley initiated it with “Underweight” rating and $6 target in Thursday, February 25 report. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, September 19 report. The stock of Enable Midstream Partners, LP (NYSE:ENBL) earned “Hold” rating by Stifel Nicolaus on Wednesday, January 18. Barclays Capital maintained Enable Midstream Partners, LP (NYSE:ENBL) on Monday, May 9 with “Equal-Weight” rating. On Friday, September 11 the stock rating was downgraded by Goldman Sachs to “Sell”. On Friday, November 17 the stock rating was reinitiated by Goldman Sachs with “Neutral”. The stock has “Equal-Weight” rating by Barclays Capital on Friday, February 19.

Enable Midstream Partners, LP owns, operates, and develops midstream energy infrastructure assets in the United States. The company has market cap of $6.01 billion. It operates in two divisions, Gathering and Processing, and Transportation and Storage. It has a 15.07 P/E ratio. The Gathering and Processing segment provides natural gas gathering, processing, and fractionation services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Bakken Shale formation of the Williston Basin for its producer customers.

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

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