Swedbank AB trimmed its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 11.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,524 shares of the company’s stock after selling 14,809 shares during the period. Swedbank AB owned 0.11% of Cboe Global Markets worth $25,463,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of CBOE. Brighton Jones LLC increased its holdings in Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after purchasing an additional 100 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Cboe Global Markets by 9.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,436 shares of the company’s stock valued at $5,166,000 after purchasing an additional 2,251 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in Cboe Global Markets by 20.3% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 4,418 shares of the company’s stock valued at $863,000 after purchasing an additional 746 shares in the last quarter. Mufg Securities Americas Inc. acquired a new stake in Cboe Global Markets during the 4th quarter valued at $302,000. Finally, Quantinno Capital Management LP increased its holdings in Cboe Global Markets by 35.0% during the 4th quarter. Quantinno Capital Management LP now owns 34,023 shares of the company’s stock valued at $6,648,000 after purchasing an additional 8,819 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.
Cboe Global Markets Stock Down 0.8%
Shares of Cboe Global Markets stock opened at $234.53 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The business has a fifty day simple moving average of $240.92 and a 200 day simple moving average of $227.91. The stock has a market cap of $24.53 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the previous year, the firm earned $2.15 earnings per share. The company’s revenue was up 14.3% compared to the same quarter last year. Research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.
Cboe Global Markets Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.72 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 29th. Cboe Global Markets’s dividend payout ratio is presently 33.76%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Barclays lifted their target price on Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a research note on Monday, August 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $254.00 target price on shares of Cboe Global Markets in a research note on Monday, August 4th. Oppenheimer set a $265.00 target price on Cboe Global Markets and gave the company an “outperform” rating in a research note on Monday, August 4th. UBS Group reissued a “neutral” rating and issued a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Finally, Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $231.38.
View Our Latest Stock Report on CBOE
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.
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