Embree Financial Group Grows Stock Position in Cboe Global Markets, Inc. $CBOE

Embree Financial Group boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 32.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,354 shares of the company’s stock after purchasing an additional 9,100 shares during the quarter. Cboe Global Markets makes up 1.2% of Embree Financial Group’s investment portfolio, making the stock its 20th biggest holding. Embree Financial Group’s holdings in Cboe Global Markets were worth $9,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CBOE. Alliancebernstein L.P. grew its position in shares of Cboe Global Markets by 23.1% during the first quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company’s stock worth $2,141,730,000 after buying an additional 1,779,048 shares in the last quarter. Norges Bank acquired a new stake in Cboe Global Markets in the second quarter valued at approximately $324,234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Cboe Global Markets by 400.6% in 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 worth $241,580,000 after acquiring an additional 854,325 shares during the last quarter. Invesco Ltd. lifted its stake in Cboe Global Markets by 27.3% in the second quarter. Invesco Ltd. now owns 1,728,015 shares of the company’s stock worth $402,990,000 after acquiring an additional 370,223 shares during the last quarter. Finally, Man Group plc grew its holdings in Cboe Global Markets by 106.5% during the 2nd quarter. Man Group plc now owns 546,734 shares of the company’s stock worth $127,504,000 after acquiring an additional 281,939 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. Citigroup raised their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. UBS Group raised their price target on Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Loop Capital set a $310.00 price objective on Cboe Global Markets in a research report on Wednesday, December 10th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $221.00 price objective on shares of Cboe Global Markets in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $245.15.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $248.67 on Friday. The company’s fifty day moving average price is $249.34 and its 200 day moving average price is $241.29. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $262.98. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a market capitalization of $26.02 billion, a P/E ratio of 34.44, a P/E/G ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.22 earnings per share. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared 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 was Friday, November 28th. Cboe Global Markets’s dividend payout ratio (DPR) 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.