Anchor Capital Advisors LLC reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 310,702 shares of the company’s stock after selling 14,219 shares during the quarter. Cboe Global Markets accounts for approximately 2.2% of Anchor Capital Advisors LLC’s holdings, making the stock its 4th biggest position. Anchor Capital Advisors LLC owned about 0.30% of Cboe Global Markets worth $76,200,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in CBOE. Brighton Jones LLC boosted its holdings in shares of Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after buying an additional 100 shares during the last quarter. Jones Financial Companies Lllp raised its position in Cboe Global Markets by 1,854.4% in the first quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock worth $951,000 after acquiring an additional 3,987 shares during the period. Empowered Funds LLC raised its position in Cboe Global Markets by 132.4% in the first quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock worth $1,087,000 after acquiring an additional 2,736 shares during the period. Woodline Partners LP boosted its stake in shares of Cboe Global Markets by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock worth $2,002,000 after acquiring an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of Cboe Global Markets by 138.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock valued at $77,000 after acquiring an additional 198 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Analyst Upgrades and Downgrades
CBOE has been the topic of a number of recent research reports. Piper Sandler raised their target price on Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Cowen restated a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Morgan Stanley raised their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, Citigroup increased their target price on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $268.36.
Get Our Latest Report on Cboe Global Markets
Cboe Global Markets Stock Down 0.6%
NASDAQ CBOE opened at $271.92 on Wednesday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average of $256.43 and a two-hundred day moving average of $246.60. The firm has a market capitalization of $28.46 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 52 week low of $193.56 and a 52 week high of $276.47.
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 analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the firm posted $2.22 earnings per share. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. On average, analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.
Cboe Global Markets Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.72 per share. The ex-dividend date was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s payout ratio is presently 30.93%.
About Cboe Global Markets
Cboe Global Markets NASDAQ: CBOE is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.
The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.
See Also
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