Andra AP fonden Acquires 58,400 Shares of Cboe Global Markets, Inc. $CBOE

Andra AP fonden boosted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 103.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 115,100 shares of the company’s stock after acquiring an additional 58,400 shares during the quarter. Andra AP fonden owned approximately 0.11% of Cboe Global Markets worth $26,842,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CBOE. Clearstead Trust LLC bought a new position in shares of Cboe Global Markets during the 1st quarter valued at $26,000. Missouri Trust & Investment Co bought a new position in Cboe Global Markets during the second quarter valued at about $26,000. Hughes Financial Services LLC bought a new position in Cboe Global Markets during the first quarter valued at about $29,000. Cornerstone Planning Group LLC raised its stake in shares of Cboe Global Markets by 4,633.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $30,000 after acquiring an additional 139 shares in the last quarter. Finally, Pandora Wealth Inc. bought a new position in shares of Cboe Global Markets in the 1st quarter valued at approximately $45,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $251.40 on Thursday. The stock has a market cap of $26.29 billion, a P/E ratio of 34.82, a PEG ratio of 1.75 and a beta of 0.44. The company’s 50-day simple moving average is $238.71 and its 200 day simple moving average is $234.61. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share 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%.During the same period last year, the company posted $2.22 EPS. The business’s quarterly revenue was up 13.8% on a year-over-year basis. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 30.93%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CBOE. Barclays lifted 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 research report on Monday. Citigroup lifted 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. UBS Group lifted their price objective on Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $221.00 price objective on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $243.38.

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.