ProShare Advisors LLC Sells 1,939 Shares of Cboe Global Markets, Inc. $CBOE

ProShare Advisors LLC lessened its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,519 shares of the company’s stock after selling 1,939 shares during the period. ProShare Advisors LLC’s holdings in Cboe Global Markets were worth $6,749,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CBOE. Brighton Jones LLC raised its position in shares of Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after purchasing an additional 100 shares during the period. Jones Financial Companies Lllp grew its stake in Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after buying an additional 3,987 shares during the last quarter. Empowered Funds LLC raised its holdings in Cboe Global Markets by 132.4% in the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after acquiring an additional 2,736 shares during the period. Woodline Partners LP lifted its position in Cboe Global Markets by 40.7% during the first quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock worth $2,002,000 after acquiring an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Cboe Global Markets by 138.5% during the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after acquiring an additional 198 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CBOE shares. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Morgan Stanley upped their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. UBS Group reiterated a “neutral” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a research note on Monday. Loop Capital set a $317.00 price objective on shares of Cboe Global Markets in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Trading Up 0.7%

Shares of Cboe Global Markets stock opened at $270.60 on Friday. The company has a market capitalization of $28.32 billion, a price-to-earnings ratio of 37.48, a PEG ratio of 1.75 and a beta of 0.36. 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, Inc. has a 12-month low of $200.88 and a 12-month high of $283.13. The firm’s 50-day moving average price is $261.31 and its two-hundred day moving average price is $250.42.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 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 firm’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.10 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a $0.72 dividend. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 27.64%.

Cboe Global Markets Company 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.