Fifth Third Bancorp Sells 104 Shares of Cboe Global Markets, Inc. $CBOE

Fifth Third Bancorp lowered its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,384 shares of the company’s stock after selling 104 shares during the period. Fifth Third Bancorp’s holdings in Cboe Global Markets were worth $789,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC bought a new position in shares of Cboe Global Markets during the 1st quarter valued at $26,000. NBC Securities Inc. purchased a new stake in Cboe Global Markets during the 1st quarter valued at $27,000. Hughes Financial Services LLC purchased a new stake in Cboe Global Markets during the 1st quarter valued at $29,000. Cornerstone Planning Group LLC boosted its position in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $30,000 after buying an additional 139 shares during the period. Finally, Pandora Wealth Inc. purchased a new stake in Cboe Global Markets during the 1st quarter valued at $45,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Down 0.2%

NASDAQ:CBOE opened at $243.52 on Monday. The company has a 50-day moving average price of $241.45 and a 200-day moving average price of $229.79. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a market cap of $25.47 billion, a price-to-earnings ratio of 33.73, a P/E/G ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last posted 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%. During the same period in the previous year, the business posted $2.15 earnings per share. The business’s quarterly revenue was up 14.3% on a year-over-year basis. Equities analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. Cboe Global Markets’s dividend payout ratio is 33.76%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CBOE shares. Morgan Stanley set a $218.00 price target on shares of Cboe Global Markets and gave the company an “underweight” rating in a research report on Tuesday, July 15th. Royal Bank Of Canada reissued a “sector perform” rating and set a $254.00 price target on shares of Cboe Global Markets in a research report on Monday, August 4th. Piper Sandler increased their price target on shares of Cboe Global Markets from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. UBS Group reissued a “neutral” rating and set a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Barclays increased their price target on shares of Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Reduce” and a consensus target price of $231.38.

Cboe Global Markets Company 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.