Anchor Capital Advisors LLC decreased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 324,921 shares of the company’s stock after selling 17,126 shares during the period. Cboe Global Markets comprises approximately 2.2% of Anchor Capital Advisors LLC’s portfolio, making the stock its 4th biggest holding. Anchor Capital Advisors LLC owned 0.31% of Cboe Global Markets worth $75,775,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of CBOE. Brighton Jones LLC lifted its stake in Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after purchasing an additional 100 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in Cboe Global Markets during the 1st quarter valued at $3,463,000. D.A. Davidson & CO. raised its holdings in Cboe Global Markets by 62.5% during the 1st quarter. D.A. Davidson & CO. now owns 3,433 shares of the company’s stock valued at $777,000 after acquiring an additional 1,320 shares during the period. OneDigital Investment Advisors LLC bought a new stake in Cboe Global Markets during the 1st quarter valued at $265,000. Finally, Bank of New York Mellon Corp raised its holdings in Cboe Global Markets by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 584,286 shares of the company’s stock valued at $132,218,000 after acquiring an additional 18,619 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Analysts Set New Price Targets
CBOE has been the topic of a number of analyst reports. Citigroup boosted their target price on shares of Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a report on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday. Keefe, Bruyette & Woods boosted their target price on shares of Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the company an “outperform” rating in a report on Monday, August 4th. Finally, Piper Sandler reissued an “overweight” rating and set a $290.00 target price on shares of Cboe Global Markets in a report on Monday. Three investment 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, the stock presently has a consensus rating of “Hold” and a consensus price target of $243.38.
Cboe Global Markets Trading Up 0.5%
Cboe Global Markets stock opened at $251.40 on Thursday. The stock has a market cap of $26.29 billion, a P/E ratio of 34.82, a PEG ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $255.27. The firm’s fifty day moving average price is $238.71 and its 200-day moving average price is $234.61. 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 (NASDAQ:CBOE – Get Free Report) last released its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.22 EPS. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.
Cboe Global Markets Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.72 dividend. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s payout ratio is currently 30.93%.
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.
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