Osaic Holdings Inc. lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 194.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,682 shares of the company’s stock after purchasing an additional 25,545 shares during the quarter. Osaic Holdings Inc.’s holdings in Cboe Global Markets were worth $9,022,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after acquiring an additional 100 shares during the last quarter. CW Advisors LLC purchased a new stake in Cboe Global Markets during the 1st quarter worth approximately $1,769,000. Norinchukin Bank The raised its stake in shares of Cboe Global Markets by 15.2% in the first quarter. Norinchukin Bank The now owns 5,434 shares of the company’s stock valued at $1,230,000 after acquiring an additional 719 shares in the last quarter. Compound Planning Inc. increased its holdings in Cboe Global Markets by 10.1% during the 1st quarter. Compound Planning Inc. now owns 1,784 shares of the company’s stock worth $404,000 after purchasing an additional 163 shares during the period. Finally, Allstate Corp lifted its stake in Cboe Global Markets by 17.2% in the first quarter. Allstate Corp now owns 3,577 shares of the company’s stock worth $809,000 after acquiring an additional 525 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.
Cboe Global Markets Trading Down 0.6%
Shares of Cboe Global Markets stock opened at $247.27 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 1 year low of $187.30 and a 1 year high of $262.98. The business has a 50 day moving average price of $249.40 and a 200 day moving average price of $241.50. The company has a market capitalization of $25.88 billion, a P/E ratio of 34.25, a P/E/G ratio of 1.75 and a beta of 0.36.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter last year, the company earned $2.22 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.
Cboe Global Markets Announces Dividend
The firm also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.72 per share. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is currently 30.93%.
Analysts Set New Price Targets
A number of research analysts have recently commented on CBOE shares. UBS Group increased their price objective on Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Morgan Stanley restated an “underweight” rating and issued a $221.00 price objective on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Citigroup upped their price target on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, Loop Capital set a $310.00 price objective on Cboe Global Markets in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $245.15.
Get Our Latest Stock Report on CBOE
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.
Featured Articles
Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report).
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.
