IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.31 Million Holdings in Cboe Global Markets, Inc. $CBOE

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,596 shares of the company’s stock after selling 316 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Cboe Global Markets were worth $1,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. Alliancebernstein L.P. boosted its position in Cboe Global Markets by 23.1% in the first quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company’s stock valued at $2,141,730,000 after buying an additional 1,779,048 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Cboe Global Markets by 400.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company’s stock valued at $241,580,000 after buying an additional 854,325 shares in the last quarter. Nuveen LLC acquired a new position in Cboe Global Markets in the first quarter valued at about $74,789,000. Citigroup Inc. boosted its position in Cboe Global Markets by 510.8% in the first quarter. Citigroup Inc. now owns 340,185 shares of the company’s stock valued at $76,980,000 after buying an additional 284,489 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Cboe Global Markets in the second quarter valued at about $53,776,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Trading Up 0.1%

CBOE opened at $238.53 on Wednesday. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $255.27. 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 company has a market cap of $24.95 billion, a price-to-earnings ratio of 33.04, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The firm has a 50 day simple moving average of $238.97 and a 200 day simple moving average of $233.48.

Cboe Global Markets (NASDAQ:CBOE) last issued its 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%. During the same period in the prior year, the firm earned $2.15 earnings per share. Cboe Global Markets’s revenue was up 14.3% compared to the same quarter last year. On average, sell-side analysts anticipate 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 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 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%. Cboe Global Markets’s payout ratio is currently 33.76%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CBOE shares. Piper Sandler set a $270.00 price target on shares of Cboe Global Markets and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a research report on Wednesday, October 8th. Citigroup upped 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. UBS Group reiterated a “neutral” rating and set a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Barclays upped 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, October 8th. Two equities 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $235.46.

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.