Schroder Investment Management Group lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 40.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,856 shares of the company’s stock after purchasing an additional 5,733 shares during the quarter. Schroder Investment Management Group’s holdings in Cboe Global Markets were worth $4,631,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of CBOE. Missouri Trust & Investment Co purchased a new position in Cboe Global Markets during the second quarter worth $26,000. Pandora Wealth Inc. purchased a new stake in shares of Cboe Global Markets in the first quarter valued at $45,000. Ameritas Advisory Services LLC purchased a new stake in shares of Cboe Global Markets in the second quarter valued at $46,000. Spire Wealth Management lifted its holdings in shares of Cboe Global Markets by 61.5% in the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock worth $56,000 after acquiring an additional 91 shares during the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Cboe Global Markets during the 1st quarter worth about $70,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently weighed in on CBOE shares. Loop Capital set a $287.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 3rd. Citigroup upped their target price on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Morgan Stanley reiterated an “underweight” rating and issued a $221.00 price target on shares of Cboe Global Markets in a report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, November 3rd. Finally, Barclays upped their price objective on Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $243.38.
View Our Latest Report on Cboe Global Markets
Cboe Global Markets Trading Down 0.8%
Shares of NASDAQ CBOE opened at $252.76 on Friday. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98. The firm has a market cap of $26.45 billion, a PE ratio of 35.01, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The business has a fifty day simple moving average of $247.71 and a two-hundred day simple moving average of $239.92. 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 (NASDAQ:CBOE – Get Free Report) last announced its quarterly earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating the consensus estimate 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 business’s revenue was up 13.8% on a year-over-year basis. Analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.
Cboe Global Markets Announces Dividend
The firm also recently declared a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a $0.72 dividend. The ex-dividend date is Friday, November 28th. This represents a dividend yield of 112.0%. Cboe Global Markets’s payout ratio is currently 30.93%.
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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