Candriam S.C.A. Acquires 42,984 Shares of Cboe Global Markets, Inc. $CBOE

Candriam S.C.A. increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 91.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,839 shares of the company’s stock after purchasing an additional 42,984 shares during the period. Candriam S.C.A. owned approximately 0.09% of Cboe Global Markets worth $22,033,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets in the 2nd quarter worth $31,000. Twin Peaks Wealth Advisors LLC bought a new position in Cboe Global Markets in the second quarter valued at $33,000. Physician Wealth Advisors Inc. raised its position in Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares in the last quarter. Dakota Community Bank & Trust NA bought a new stake in Cboe Global Markets during the third quarter worth about $42,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Cboe Global Markets in the 2nd quarter worth about $46,000. 82.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CBOE shares. Barclays raised their price objective on Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. UBS Group restated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a research report on Monday. Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $279.00.

Cboe Global Markets Stock Up 2.7%

Shares of NASDAQ:CBOE opened at $280.63 on Tuesday. Cboe Global Markets, Inc. has a 1 year low of $200.88 and a 1 year high of $280.89. The company has a market cap of $29.37 billion, a PE ratio of 38.87, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock’s 50-day moving average is $260.31 and its 200 day moving average is $249.96.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The company’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.10 earnings per share. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

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