Commerzbank Aktiengesellschaft FI decreased its holdings in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 10.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,252 shares of the financial services provider’s stock after selling 1,744 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Cboe Global Markets were worth $1,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Janus Henderson Group PLC raised its stake in Cboe Global Markets by 6.1% in the 2nd quarter. Janus Henderson Group PLC now owns 1,889,802 shares of the financial services provider’s stock valued at $196,672,000 after purchasing an additional 109,034 shares during the last quarter. American Century Companies Inc. raised its stake in Cboe Global Markets by 3.5% in the 2nd quarter. American Century Companies Inc. now owns 1,549,396 shares of the financial services provider’s stock valued at $161,246,000 after purchasing an additional 52,541 shares during the last quarter. Franklin Resources Inc. raised its stake in Cboe Global Markets by 55.9% in the 1st quarter. Franklin Resources Inc. now owns 793,588 shares of the financial services provider’s stock valued at $90,548,000 after purchasing an additional 284,628 shares during the last quarter. Van Berkom & Associates Inc. raised its stake in Cboe Global Markets by 0.8% in the 2nd quarter. Van Berkom & Associates Inc. now owns 733,440 shares of the financial services provider’s stock valued at $76,329,000 after purchasing an additional 5,885 shares during the last quarter. Finally, Tobam raised its stake in Cboe Global Markets by 18.0% in the 2nd quarter. Tobam now owns 727,577 shares of the financial services provider’s stock valued at $75,719,000 after purchasing an additional 110,771 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Shares of CBOE opened at $102.90 on Friday. Cboe Global Markets Inc has a 52-week low of $91.10 and a 52-week high of $138.54. The firm has a market capitalization of $11.55 billion, a price-to-earnings ratio of 25.76, a P/E/G ratio of 1.94 and a beta of 0.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.86 and a quick ratio of 0.86.
Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, August 3rd. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. Cboe Global Markets had a return on equity of 14.16% and a net margin of 19.22%. The business had revenue of $283.50 million during the quarter, compared to the consensus estimate of $278.57 million. During the same period last year, the company earned $0.87 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. sell-side analysts forecast that Cboe Global Markets Inc will post 4.53 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be paid a $0.31 dividend. The ex-dividend date of this dividend is Thursday, August 30th. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.27. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.21%. Cboe Global Markets’s dividend payout ratio (DPR) is 36.26%.
Several research firms recently commented on CBOE. Rosenblatt Securities began coverage on Cboe Global Markets in a research note on Wednesday. They issued a “buy” rating and a $115.00 price objective for the company. BidaskClub downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Compass Point began coverage on Cboe Global Markets in a research note on Monday, July 9th. They issued a “buy” rating and a $115.00 price objective for the company. Barclays reduced their price objective on Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating for the company in a research note on Monday, July 30th. Finally, Zacks Investment Research downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $118.43.
In other Cboe Global Markets news, VP Christopher A. Isaacson sold 8,720 shares of the firm’s stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $100.03, for a total value of $872,261.60. Following the completion of the sale, the vice president now directly owns 86,220 shares of the company’s stock, valued at approximately $8,624,586.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.89% of the stock is owned by company insiders.
Cboe Global Markets Profile
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.
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