Yousif Capital Management LLC Has $3.86 Million Stake in Cboe Global Markets, Inc. $CBOE

Yousif Capital Management LLC boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 24.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,540 shares of the company’s stock after buying an additional 3,225 shares during the quarter. Yousif Capital Management LLC’s holdings in Cboe Global Markets were worth $3,857,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. MGO One Seven LLC boosted its stake 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 purchasing an additional 718 shares in the last quarter. MOKAN Wealth Management Inc. boosted its stake in Cboe Global Markets by 4.7% in the second quarter. MOKAN Wealth Management Inc. now owns 9,140 shares of the company’s stock worth $2,132,000 after purchasing an additional 414 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in Cboe Global Markets by 11.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,427 shares of the company’s stock worth $2,436,000 after purchasing an additional 1,092 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in Cboe Global Markets by 3.7% in the second quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after purchasing an additional 45 shares in the last quarter. Finally, Louisbourg Investments Inc. acquired a new position in Cboe Global Markets in the second quarter worth $147,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 1.5%

Shares of CBOE opened at $241.74 on Thursday. 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, Inc. has a 12-month low of $187.30 and a 12-month high of $255.27. The firm has a market capitalization of $25.28 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The stock’s fifty day simple moving average is $240.90 and its 200-day simple moving average is $231.81.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 return on equity of 22.02% and a net margin of 18.64%.During the same quarter last year, the firm earned $2.15 EPS. The firm’s revenue was up 14.3% on a year-over-year basis. As a group, research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a yield of 1.2%. Cboe Global Markets’s payout ratio is currently 33.76%.

Analyst Upgrades and Downgrades

A number of research firms have commented on CBOE. UBS Group reissued a “neutral” rating and issued a $255.00 price objective (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Citigroup boosted their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 8th. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the stock an “outperform” rating in a research note on Monday, August 4th. Loop Capital set a $264.00 price objective on Cboe Global Markets in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods upped their price target on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research note on Monday, August 4th. Two research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $235.46.

Cboe Global Markets Company 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.