Cboe Global Markets, Inc. $CBOE Shares Acquired by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,360 shares of the company’s stock after buying an additional 258 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Cboe Global Markets were worth $1,250,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Clearstead Trust LLC acquired a new stake in shares of Cboe Global Markets during the first quarter worth $26,000. Missouri Trust & Investment Co acquired a new stake in shares of Cboe Global Markets during the second quarter worth $26,000. Hughes Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the first quarter worth $29,000. Cornerstone Planning Group LLC lifted its stake in shares of Cboe Global Markets by 4,633.3% during the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after buying an additional 139 shares during the period. Finally, Pandora Wealth Inc. acquired a new stake in shares of Cboe Global Markets during the first quarter worth $45,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CBOE. Piper Sandler set a $270.00 price objective on shares of Cboe Global Markets and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a report on Wednesday, October 8th. Keefe, Bruyette & Woods raised their target price 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. Morgan Stanley reissued an “underweight” rating and set a $221.00 target price on shares of Cboe Global Markets in a 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 report 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 stock. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Reduce” and a consensus price target of $235.46.

Cboe Global Markets Trading Up 1.7%

Shares of Cboe Global Markets stock opened at $237.35 on Thursday. The stock has a market cap of $24.82 billion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. 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 fifty day moving average price of $239.58 and a 200 day moving average price of $232.28. 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) last released its quarterly earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. Equities 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 company 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 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 was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 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.