D.A. Davidson & CO. grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 84.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,342 shares of the company’s stock after purchasing an additional 2,909 shares during the period. D.A. Davidson & CO.’s holdings in Cboe Global Markets were worth $1,479,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of CBOE. Brighton Jones LLC lifted its stake in shares of Cboe Global Markets by 10.1% in 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. GAMMA Investing LLC lifted its position in Cboe Global Markets by 29.0% during the first quarter. GAMMA Investing LLC now owns 5,376 shares of the company’s stock valued at $1,217,000 after buying an additional 1,209 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Cboe Global Markets by 15.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,826 shares of the company’s stock valued at $6,196,000 after acquiring an additional 3,646 shares in the last quarter. RBA Wealth Management LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter valued at $5,443,000. Finally, McGuire Investment Group LLC lifted its holdings in shares of Cboe Global Markets by 0.5% during the 1st quarter. McGuire Investment Group LLC now owns 95,324 shares of the company’s stock valued at $21,571,000 after acquiring an additional 515 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Loop Capital set a $264.00 price objective on Cboe Global Markets in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods boosted their price target on 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. Morgan Stanley reissued an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a research report on Wednesday, October 1st. Finally, Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Reduce” and a consensus price target of $235.46.
Get Our Latest Stock Report on CBOE
Cboe Global Markets Trading Up 0.6%
NASDAQ:CBOE opened at $238.75 on Monday. 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 one year low of $187.30 and a one year high of $255.27. The business’s 50-day simple moving average is $239.28 and its 200 day simple moving average is $233.05. The stock has a market cap of $24.97 billion, a price-to-earnings ratio of 33.07, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating 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 period last year, the business posted $2.15 EPS. The business’s quarterly revenue was up 14.3% on a year-over-year basis. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.
Cboe Global Markets Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a $0.72 dividend. 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 of this dividend was Friday, August 29th. Cboe Global Markets’s dividend payout ratio is currently 33.76%.
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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