Commonwealth Equity Services LLC lessened its holdings in Cboe Global Markets, Inc. (BATS:CBOE – Get Rating) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,981 shares of the company’s stock after selling 208 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Cboe Global Markets were worth $1,875,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in shares of Cboe Global Markets in the 3rd quarter worth about $29,000. SeaCrest Wealth Management LLC purchased a new stake in Cboe Global Markets in the 2nd quarter valued at $34,000. Point72 Asset Management L.P. purchased a new stake in Cboe Global Markets in the 2nd quarter valued at about $47,000. Quadrant Capital Group LLC boosted its holdings in shares of Cboe Global Markets by 37.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 473 shares of the company’s stock worth $56,000 after buying an additional 130 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Cboe Global Markets by 59.8% in the 3rd quarter. Bessemer Group Inc. now owns 489 shares of the company’s stock worth $58,000 after purchasing an additional 183 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Cboe Global Markets from $144.00 to $142.00 in a report on Wednesday, January 11th. Credit Suisse Group upgraded Cboe Global Markets from a “neutral” rating to an “outperform” rating and lowered their target price for the company from $159.00 to $144.00 in a research note on Thursday, January 5th. Keefe, Bruyette & Woods upped their price target on shares of Cboe Global Markets from $137.00 to $140.00 and gave the stock a “market perform” rating in a research note on Thursday, January 12th. Rosenblatt Securities raised their price target on Cboe Global Markets from $168.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, February 6th. Finally, JPMorgan Chase & Co. cut their price target on Cboe Global Markets from $131.00 to $125.00 and set an “underweight” rating for the company in a report on Monday, January 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $140.25.
Cboe Global Markets Stock Up 3.0 %
Cboe Global Markets (BATS:CBOE – Get Rating) last posted its quarterly earnings data on Friday, February 3rd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.04. The company had revenue of $457.10 million during the quarter, compared to analysts’ expectations of $458.64 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same period last year, the firm earned $1.70 EPS. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.
Cboe Global Markets Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Tuesday, February 28th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, February 27th. This represents a $2.00 annualized dividend and a yield of 1.64%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.
Cboe Global Markets Company Profile
Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, Europe and Asia Pacific, Global FX, and Digital. The Options segment includes the options exchange business, which lists trading options on market indexes (index options), as well as on non-exclusive multiply listed options.
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