Caxton Associates LLP Purchases Shares of 6,608 Cboe Global Markets, Inc. $CBOE

Caxton Associates LLP acquired a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,608 shares of the company’s stock, valued at approximately $1,541,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. IHT Wealth Management LLC increased its stake in shares of Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after purchasing an additional 44 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Cboe Global Markets by 3.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after buying an additional 45 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Cboe Global Markets by 3.2% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after purchasing an additional 46 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Cboe Global Markets by 9.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock valued at $129,000 after buying an additional 49 shares during the last quarter. Finally, Brown Advisory Inc. lifted its holdings in Cboe Global Markets by 3.9% in the second quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock valued at $350,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CBOE shares. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Piper Sandler reissued an “overweight” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a research note on Monday, November 3rd. Citigroup raised their price target on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Morgan Stanley reiterated an “underweight” rating and issued a $221.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Finally, UBS Group increased their target price on shares of Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $245.15.

Cboe Global Markets Stock Down 2.5%

NASDAQ CBOE opened at $246.75 on Tuesday. The company has a market cap of $25.82 billion, a P/E ratio of 34.18, a P/E/G ratio of 1.75 and a beta of 0.36. The business has a fifty day moving average price of $248.81 and a 200 day moving average price of $241.02. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $262.98. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.22 earnings per share. Research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.72 per share. This represents a yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s payout ratio is presently 30.93%.

About Cboe Global Markets

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.