Vinva Investment Management Ltd boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 524.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,476 shares of the company’s stock after purchasing an additional 25,592 shares during the quarter. Vinva Investment Management Ltd’s holdings in Cboe Global Markets were worth $6,979,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new stake in shares of Cboe Global Markets in the first quarter valued at about $26,000. Missouri Trust & Investment Co acquired a new position in Cboe Global Markets during the second quarter worth about $26,000. Pandora Wealth Inc. purchased a new stake in Cboe Global Markets during the 1st quarter valued at about $45,000. Ameritas Advisory Services LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at about $46,000. Finally, Spire Wealth Management raised its holdings in Cboe Global Markets by 61.5% in the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock valued at $56,000 after acquiring an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Cboe Global Markets Stock Up 0.3%
Cboe Global Markets stock opened at $258.12 on Friday. The company has a market capitalization of $27.01 billion, a PE ratio of 35.75, a price-to-earnings-growth ratio of 1.75 and a beta of 0.42. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $262.98. The firm has a 50 day moving average price of $245.93 and a 200 day moving average price of $238.46.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last released its quarterly earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $2.22 earnings per share. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.
Cboe Global Markets Announces Dividend
The firm also recently declared a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.72 per share. The ex-dividend date is Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio is 30.93%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on CBOE. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Barclays boosted their price objective on Cboe Global Markets from $264.00 to $273.00 and gave the stock an “equal weight” rating in a research note on Monday, November 3rd. Morgan Stanley reaffirmed an “underweight” rating and issued a $221.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Oppenheimer set a $265.00 price target on Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Loop Capital set a $287.00 price objective on shares of Cboe Global Markets in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus target price of $243.38.
Read Our Latest Stock Report on Cboe Global Markets
Cboe Global Markets Company Profile
Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Cboe Global Markets, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Cboe Global Markets wasn’t on the list.
While Cboe Global Markets currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
Like this article? Share it with a colleague.
Link copied to clipboard.
