Cboe Global Markets, Inc. $CBOE Shares Bought by Czech National Bank

Czech National Bank increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,595 shares of the company’s stock after buying an additional 1,551 shares during the period. Czech National Bank’s holdings in Cboe Global Markets were worth $5,969,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CBOE. Brighton Jones LLC lifted its stake in shares of Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after buying an additional 100 shares during the period. Tidal Investments LLC increased its position in Cboe Global Markets by 61.5% during the fourth quarter. Tidal Investments LLC now owns 7,140 shares of the company’s stock worth $1,395,000 after purchasing an additional 2,719 shares during the last quarter. iSAM Funds UK Ltd acquired a new position in Cboe Global Markets during the fourth quarter worth approximately $234,000. Woodline Partners LP purchased a new stake in Cboe Global Markets during the fourth quarter worth approximately $1,228,000. Finally, Toronto Dominion Bank grew its stake in Cboe Global Markets by 6.8% during the fourth quarter. Toronto Dominion Bank now owns 56,019 shares of the company’s stock worth $10,946,000 after buying an additional 3,589 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $234.43 on Friday. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $255.27. The company has a 50-day moving average of $241.00 and a two-hundred day moving average of $228.44. The stock has a market cap of $24.52 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.75 and a beta of 0.46. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping 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%. The business’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.15 earnings per share. On average, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.72 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio is 33.76%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Morgan Stanley set a $218.00 price objective on shares of Cboe Global Markets and gave the company an “underweight” rating in a research note on Tuesday, July 15th. Citigroup raised their price target 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. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $254.00 price objective on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Reduce” and a consensus target price of $231.38.

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.