Cboe Global Markets, Inc. $CBOE Stock: Machina Capital S.A.S. Boosts Holdings

Machina Capital S.A.S. increased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 113.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,137 shares of the company’s stock after acquiring an additional 3,267 shares during the period. Machina Capital S.A.S.’s holdings in Cboe Global Markets were worth $1,689,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC boosted its position in Cboe Global Markets by 1.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 2,914 shares of the company’s stock worth $802,000 after purchasing an additional 32 shares in the last quarter. Net Worth Advisory Group raised its stake in shares of Cboe Global Markets by 3.9% during the 3rd quarter. Net Worth Advisory Group now owns 906 shares of the company’s stock worth $251,000 after buying an additional 34 shares during the last quarter. Verus Capital Partners LLC boosted its position in shares of Cboe Global Markets by 2.6% in the 3rd quarter. Verus Capital Partners LLC now owns 1,395 shares of the company’s stock worth $384,000 after buying an additional 35 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Cboe Global Markets by 4.7% in the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after buying an additional 41 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its holdings in shares of Cboe Global Markets by 1.0% in the first quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock valued at $1,138,000 after purchasing an additional 42 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CBOE has been the topic of a number of analyst reports. Wells Fargo & Company increased their target price on Cboe Global Markets from $309.00 to $357.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. TD Cowen boosted their price target on Cboe Global Markets from $342.00 to $417.00 and gave the stock a “buy” rating in a report on Monday, November 2nd. Barclays upped their price objective on Cboe Global Markets from $343.00 to $392.00 and gave the company an “overweight” rating in a research report on Monday, November 2nd. Royal Bank Of Canada increased their price objective on Cboe Global Markets from $303.00 to $360.00 and gave the company a “sector perform” rating in a research note on Friday, October 30th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $450.00 price objective on shares of Cboe Global Markets in a research report on Friday, October 23rd. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $363.00.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $368.89 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $39.13 billion, a price-to-earnings ratio of 190.15 and a beta of 0.61. The company’s 50 day simple moving average is $303.50 and its 200 day simple moving average is $295.62. Cboe Global Markets, Inc. has a 1 year low of $227.15 and a 1 year high of $378.35.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, October 30th. The company reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.20. The firm had revenue of $712.20 million for the quarter, compared to analyst estimates of $705.22 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.67 earnings per share. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets declared that its board has approved a stock buyback plan on Thursday, October 22nd that allows the company to repurchase $550 million in shares. This repurchase authorization allows the company to repurchase up to 1.6% of its shares through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be issued a dividend of $0.86 per share. The ex-dividend date is Monday, November 30th. This represents a $3.44 annualized dividend and a dividend yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

About Cboe Global Markets

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.