Tema Etfs LLC Purchases 2,571 Shares of Cboe Global Markets, Inc. $CBOE

Tema Etfs LLC increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 108.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,946 shares of the company’s stock after acquiring an additional 2,571 shares during the period. Tema Etfs LLC’s holdings in Cboe Global Markets were worth $1,153,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Alliancebernstein L.P. increased its holdings in shares of 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 stake in shares of Cboe Global Markets during the second quarter valued at $324,234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Cboe Global Markets by 400.6% in the 1st 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 buying an additional 854,325 shares in the last quarter. Invesco Ltd. raised its position in Cboe Global Markets by 27.3% in the 2nd quarter. Invesco Ltd. now owns 1,728,015 shares of the company’s stock worth $402,990,000 after buying an additional 370,223 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Cboe Global Markets in the 1st quarter worth about $74,789,000. 82.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of recent analyst reports. Barclays raised their price target on shares of Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a report on Monday, November 3rd. Citigroup raised their target price on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. UBS Group boosted their target price on shares of Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Piper Sandler reissued an “overweight” rating and set a $290.00 price target on shares of Cboe Global Markets in a report on Monday, November 3rd. Finally, Loop Capital set a $287.00 target price on Cboe Global Markets in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $243.38.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $254.92 on Friday. The business’s fifty day moving average is $247.52 and its 200 day moving average is $239.72. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $262.98. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market capitalization of $26.68 billion, a PE ratio of 35.31, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 EPS 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%.During the same period in the prior year, the company earned $2.22 EPS. Cboe Global Markets’s quarterly revenue was up 13.8% compared to the same quarter last year. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a $0.72 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio is currently 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.