D.A. Davidson & CO. Has $2.13 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

D.A. Davidson & CO. increased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 37.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,696 shares of the company’s stock after purchasing an additional 2,354 shares during the quarter. D.A. Davidson & CO.’s holdings in Cboe Global Markets were worth $2,133,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CBOE. CWA Asset Management Group LLC acquired a new position in shares of Cboe Global Markets in the third quarter valued at approximately $1,822,000. TriaGen Wealth Management LLC bought a new stake in Cboe Global Markets in the 3rd quarter valued at $482,000. Commonwealth Equity Services LLC boosted its stake in Cboe Global Markets by 49.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 36,731 shares of the company’s stock worth $9,008,000 after purchasing an additional 12,094 shares during the period. Asset Management One Co. Ltd. increased its holdings in Cboe Global Markets by 4.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 66,185 shares of the company’s stock worth $16,232,000 after purchasing an additional 2,528 shares in the last quarter. Finally, Davis Capital Management bought a new position in Cboe Global Markets during the 3rd quarter worth about $343,000. Institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CBOE. Piper Sandler restated an “overweight” rating and issued a $290.00 price target on shares of Cboe Global Markets in a report on Monday, November 3rd. Citigroup boosted their target price on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. UBS Group raised their price target on shares of Cboe Global Markets from $265.00 to $280.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $268.00.

Cboe Global Markets Stock Up 0.2%

Cboe Global Markets stock opened at $260.95 on Friday. The company’s 50-day moving average price is $254.18 and its two-hundred day moving average price is $244.46. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market cap of $27.31 billion, a P/E ratio of 36.14, a P/E/G ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating 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 for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.22 EPS. As a group, analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

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

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.