Vanguard Group Inc. Has $3.15 Billion Position in Cboe Global Markets, Inc. $CBOE

Vanguard Group Inc. lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.0% in the third quarter, HoldingsChannel.com reports. The fund owned 12,835,668 shares of the company’s stock after buying an additional 2,630 shares during the period. Vanguard Group Inc. owned about 0.12% of Cboe Global Markets worth $3,147,948,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Sagespring Wealth Partners LLC boosted its holdings in shares of Cboe Global Markets by 4.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock valued at $260,000 after purchasing an additional 42 shares in the last quarter. IHT Wealth Management LLC boosted its stake in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after buying an additional 44 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its position in Cboe Global Markets by 3.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after acquiring an additional 46 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Cboe Global Markets by 3.3% during the third quarter. Concurrent Investment Advisors LLC now owns 1,438 shares of the company’s stock worth $353,000 after acquiring an additional 46 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in Cboe Global Markets by 2.7% during the third quarter. J.W. Cole Advisors Inc. now owns 1,806 shares of the company’s stock worth $443,000 after acquiring an additional 48 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Piper Sandler upped their price objective on shares of 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 reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Keefe, Bruyette & Woods boosted their price objective on 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. Loop Capital set a $317.00 target price on Cboe Global Markets in a research report on Monday, February 9th. Finally, Morgan Stanley boosted their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a report on Monday, December 22nd. One investment 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 company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Trading Up 0.4%

NASDAQ:CBOE opened at $285.39 on Thursday. Cboe Global Markets, Inc. has a 52 week low of $200.88 and a 52 week high of $286.70. 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 firm’s fifty day moving average is $263.54 and its 200-day moving average is $251.53. The firm has a market cap of $29.86 billion, a P/E ratio of 39.53, a P/E/G ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last released its 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 company’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period last year, the business earned $2.10 EPS. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 15th. Investors 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 dividend yield of 112.0%. Cboe Global Markets’s dividend payout ratio is presently 27.64%.

Cboe Global Markets 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.