Stratos Wealth Partners LTD. purchased a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,060 shares of the company’s stock, valued at approximately $247,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH increased its stake in shares of Cboe Global Markets by 25.7% during the second quarter. Allianz Asset Management GmbH now owns 53,236 shares of the company’s stock worth $12,415,000 after acquiring an additional 10,871 shares during the period. Generali Asset Management SPA SGR increased its stake in shares of Cboe Global Markets by 7,413.8% during the second quarter. Generali Asset Management SPA SGR now owns 14,126 shares of the company’s stock worth $3,294,000 after acquiring an additional 13,938 shares during the period. Ritholtz Wealth Management increased its stake in shares of Cboe Global Markets by 4.9% during the second quarter. Ritholtz Wealth Management now owns 5,867 shares of the company’s stock worth $1,368,000 after acquiring an additional 275 shares during the period. Harbour Investments Inc. increased its stake in shares of Cboe Global Markets by 374.1% during the second quarter. Harbour Investments Inc. now owns 640 shares of the company’s stock worth $149,000 after acquiring an additional 505 shares during the period. Finally, Bayforest Capital Ltd acquired a new position in shares of Cboe Global Markets during the second quarter worth about $159,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.
Cboe Global Markets Stock Performance
NASDAQ:CBOE opened at $238.75 on Friday. The firm has a 50 day simple moving average of $239.28 and a 200-day simple moving average of $232.86. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a market cap of $24.97 billion, a PE ratio of 33.07, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the firm earned $2.15 earnings per share. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current 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 given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.2%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.76%.
Wall Street Analyst Weigh In
CBOE has been the topic of a number of research analyst reports. Loop Capital set a $264.00 price objective on shares of Cboe Global Markets in a report on Wednesday, October 8th. Piper Sandler set a $270.00 price objective on shares of Cboe Global Markets and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Royal Bank Of Canada reissued a “sector perform” rating and set a $254.00 price objective on shares of Cboe Global Markets in a report on Monday, August 4th. Barclays boosted their price objective on shares of Cboe Global Markets from $256.00 to $264.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods boosted 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 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets presently has an average rating of “Reduce” and an average target price of $235.46.
Check Out Our Latest Stock Report on CBOE
About Cboe Global Markets
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.
See Also
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