Atria Wealth Solutions Inc. increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 229.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,862 shares of the company’s stock after purchasing an additional 2,689 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Cboe Global Markets were worth $900,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its holdings in Cboe Global Markets by 67.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,514 shares of the company’s stock worth $1,519,000 after purchasing an additional 2,624 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new position in Cboe Global Markets during the second quarter worth about $259,000. Vest Financial LLC raised its position in Cboe Global Markets by 20.8% in the second quarter. Vest Financial LLC now owns 19,829 shares of the company’s stock worth $4,624,000 after acquiring an additional 3,416 shares during the period. Yousif Capital Management LLC raised its position in Cboe Global Markets by 24.2% in the second quarter. Yousif Capital Management LLC now owns 16,540 shares of the company’s stock worth $3,857,000 after acquiring an additional 3,225 shares during the period. Finally, MGO One Seven LLC raised its position in Cboe Global Markets by 53.9% in the second quarter. MGO One Seven LLC now owns 2,050 shares of the company’s stock worth $478,000 after acquiring an additional 718 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.
Cboe Global Markets Stock Performance
NASDAQ CBOE opened at $239.62 on Friday. The company’s 50 day moving average is $240.37 and its 200-day moving average is $231.98. Cboe Global Markets, Inc. has a 12-month low of $187.30 and a 12-month high of $255.27. 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 firm has a market cap of $25.06 billion, a P/E ratio of 33.19, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the company earned $2.15 EPS. The company’s revenue was up 14.3% on a year-over-year basis. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.
Cboe Global Markets Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.72 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s payout ratio is currently 33.76%.
Analyst Ratings Changes
Several brokerages have commented on CBOE. Oppenheimer set a $265.00 price objective on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research report on Monday, August 4th. Citigroup lifted their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 8th. Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a research report on Monday, August 4th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $254.00 price objective on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Piper Sandler set a $270.00 price objective on shares of Cboe Global Markets and gave the stock an “overweight” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $235.46.
Read Our Latest Research Report on CBOE
Cboe Global Markets 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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