Blair William & Co. IL Sells 722 Shares of Cboe Global Markets, Inc. $CBOE

Blair William & Co. IL lowered its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 59,849 shares of the company’s stock after selling 722 shares during the period. Blair William & Co. IL’s holdings in Cboe Global Markets were worth $13,957,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC bought a new position in Cboe Global Markets during the first quarter valued at about $265,000. Capital Investment Advisory Services LLC bought a new position in Cboe Global Markets during the first quarter valued at about $277,000. Harel Insurance Investments & Financial Services Ltd. grew its position in Cboe Global Markets by 31.9% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 29,561 shares of the company’s stock valued at $6,689,000 after buying an additional 7,146 shares during the period. GAM Holding AG bought a new position in Cboe Global Markets during the first quarter valued at about $1,541,000. Finally, Teacher Retirement System of Texas bought a new position in Cboe Global Markets during the first quarter valued at about $3,463,000. Institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. UBS Group restated a “neutral” rating and set a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a research report on Wednesday. Barclays increased their target price on shares of Cboe Global Markets from $256.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Citigroup increased their target price on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 8th. Finally, Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research 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 stock. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Reduce” and an average target price of $235.08.

Cboe Global Markets Price Performance

CBOE stock opened at $244.71 on Friday. The firm has a 50 day moving average of $241.40 and a 200-day moving average of $231.38. The company has a current ratio of 1.78, a quick ratio of 1.39 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 $25.59 billion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS 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%. During the same period last year, the company earned $2.15 earnings per share. Cboe Global Markets’s revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, sell-side analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. 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.