American Century Companies Inc. grew its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 22.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,168 shares of the company’s stock after purchasing an additional 25,185 shares during the period. American Century Companies Inc. owned approximately 0.13% of Cboe Global Markets worth $32,222,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Clearstead Trust LLC purchased a new position in Cboe Global Markets during the 1st quarter valued at about $26,000. Missouri Trust & Investment Co acquired a new stake in shares of Cboe Global Markets during the second quarter worth approximately $26,000. Pandora Wealth Inc. purchased a new position in Cboe Global Markets during the first quarter valued at approximately $45,000. Ameritas Advisory Services LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at approximately $46,000. Finally, Spire Wealth Management lifted its position in Cboe Global Markets by 61.5% in the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock worth $56,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.
Analyst Upgrades and Downgrades
CBOE has been the topic of several research analyst reports. Barclays boosted their price target on shares of Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a report on Monday, November 3rd. UBS Group raised their price target on Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Royal Bank Of Canada restated a “sector perform” rating and issued a $254.00 price objective on shares of Cboe Global Markets in a report on Monday, August 4th. Citigroup lifted their target price on shares of Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Keefe, Bruyette & Woods increased their price target on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $243.38.
Cboe Global Markets Stock Up 0.0%
CBOE stock opened at $258.17 on Friday. 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, Inc. has a 52-week low of $187.30 and a 52-week high of $262.98. The company has a 50-day moving average of $246.44 and a two-hundred day moving average of $238.85. The stock has a market capitalization of $27.02 billion, a price-to-earnings ratio of 35.76, a price-to-earnings-growth ratio of 1.75 and a beta of 0.42.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The firm’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.22 earnings per share. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.
Cboe Global Markets Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.72 dividend. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend is Friday, November 28th. Cboe Global Markets’s dividend payout ratio is currently 30.93%.
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.
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