Caprock Group LLC Makes New Investment in Cboe Global Markets, Inc. $CBOE

Caprock Group LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,552 shares of the company’s stock, valued at approximately $4,156,000.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after buying an additional 100 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Cboe Global Markets by 1,854.4% during the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after acquiring an additional 3,987 shares in the last quarter. Empowered Funds LLC boosted its position in Cboe Global Markets by 132.4% during the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock worth $1,087,000 after purchasing an additional 2,736 shares during the period. Woodline Partners LP increased its holdings in Cboe Global Markets by 40.7% in the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after purchasing an additional 2,558 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in Cboe Global Markets by 138.5% in the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock valued at $77,000 after purchasing an additional 198 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Down 2.0%

CBOE stock opened at $268.64 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a 50 day simple moving average of $261.00 and a 200-day simple moving average of $250.28. The company has a market capitalization of $28.11 billion, a P/E ratio of 37.21, a PEG ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $283.13.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.10 EPS. On average, equities research 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 $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 27.64%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Piper Sandler upped their target price on Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Barclays boosted their target price on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, UBS Group reaffirmed a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $279.00.

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.