ABN Amro Investment Solutions Decreases Stock Position in Cboe Global Markets, Inc. $CBOE

ABN Amro Investment Solutions cut its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 43.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,768 shares of the company’s stock after selling 10,622 shares during the quarter. ABN Amro Investment Solutions’ holdings in Cboe Global Markets were worth $3,377,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in Cboe Global Markets during the second quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Cboe Global Markets in the second quarter valued at approximately $33,000. Physician Wealth Advisors Inc. lifted its stake in shares of Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 55 shares in the last quarter. Dakota Community Bank & Trust NA bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $42,000. Finally, Assetmark Inc. boosted its holdings in Cboe Global Markets by 195.4% in the 3rd quarter. Assetmark Inc. now owns 192 shares of the company’s stock worth $47,000 after buying an additional 127 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of a number of analyst reports. Royal Bank Of Canada reissued a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a report on Monday, February 9th. Morgan Stanley boosted their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Finally, Keefe, Bruyette & Woods increased their price target on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Stock Up 1.7%

CBOE stock opened at $275.11 on Monday. The company’s 50 day moving average is $261.76 and its 200 day moving average is $250.80. The stock has a market cap of $28.79 billion, a price-to-earnings ratio of 38.10, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 1-year low of $200.88 and a 1-year high of $283.13. 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 (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share 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%. During the same quarter in the previous year, the company posted $2.10 EPS. The business’s quarterly revenue was up 28.0% on a year-over-year basis. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a $0.72 dividend. This represents a dividend yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is presently 27.64%.

About Cboe Global Markets

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.