US Bancorp DE Has $1.57 Million Holdings in Cboe Global Markets, Inc. $CBOE

US Bancorp DE lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,722 shares of the company’s stock after purchasing an additional 645 shares during the period. US Bancorp DE’s holdings in Cboe Global Markets were worth $1,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CBOE. Alliancebernstein L.P. raised its holdings in Cboe Global Markets by 23.1% in the 1st quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company’s stock worth $2,141,730,000 after acquiring an additional 1,779,048 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Cboe Global Markets by 1.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,069,233 shares of the company’s stock worth $920,827,000 after acquiring an additional 54,054 shares during the period. Invesco Ltd. raised its holdings in Cboe Global Markets by 15.6% in the 1st quarter. Invesco Ltd. now owns 1,357,792 shares of the company’s stock worth $307,255,000 after acquiring an additional 182,725 shares during the period. Northern Trust Corp raised its holdings in Cboe Global Markets by 6.1% in the 1st quarter. Northern Trust Corp now owns 1,319,236 shares of the company’s stock worth $298,530,000 after acquiring an additional 76,346 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Cboe Global Markets by 400.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company’s stock worth $241,580,000 after acquiring an additional 854,325 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Morgan Stanley reiterated an “underweight” rating and issued a $221.00 target price on shares of Cboe Global Markets in a report on Wednesday, October 1st. Citigroup lifted their target price on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. UBS Group reiterated a “neutral” rating and issued a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Keefe, Bruyette & Woods lifted their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a report on Monday, August 4th. Finally, Piper Sandler set a $270.00 price objective on shares of Cboe Global Markets and gave the stock an “overweight” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $235.46.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $235.97 on Friday. The stock has a market cap of $24.68 billion, a P/E ratio of 32.68, a PEG ratio of 1.75 and a beta of 0.44. The company’s 50-day simple moving average is $240.63 and its 200 day simple moving average is $231.88. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 33.76%.

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.