Cboe Global Markets, Inc. $CBOE Stock Position Raised by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 377.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,857 shares of the company’s stock after purchasing an additional 63,927 shares during the period. Corient Private Wealth LLC owned approximately 0.08% of Cboe Global Markets worth $18,857,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Alliancebernstein L.P. increased its stake 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 purchasing an additional 1,779,048 shares in the last quarter. Norges Bank purchased a new position in shares of Cboe Global Markets in the second quarter worth approximately $324,234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cboe Global Markets by 400.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company’s stock valued at $241,580,000 after acquiring an additional 854,325 shares during the period. Invesco Ltd. raised its holdings in shares of Cboe Global Markets by 27.3% during the second quarter. Invesco Ltd. now owns 1,728,015 shares of the company’s stock valued at $402,990,000 after acquiring an additional 370,223 shares during the period. Finally, Man Group plc lifted its position in shares of Cboe Global Markets by 106.5% in the 2nd quarter. Man Group plc now owns 546,734 shares of the company’s stock valued at $127,504,000 after acquiring an additional 281,939 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CBOE has been the topic of several research analyst reports. Loop Capital set a $310.00 price objective on shares of Cboe Global Markets in a research report on Wednesday, December 10th. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Barclays upped their price target on Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a research report on Monday, November 3rd. Citigroup raised their price objective 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. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $245.15.

Cboe Global Markets Price Performance

CBOE opened at $252.26 on Thursday. The stock has a fifty day moving average price of $249.19 and a 200 day moving average price of $241.23. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 1 year low of $187.30 and a 1 year high of $262.98. The stock has a market cap of $26.40 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results 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 business’s revenue was up 13.8% on a year-over-year basis. During the same period last year, the company posted $2.22 EPS. Analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

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

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.