Aberdeen Group plc Buys 9,180 Shares of Cboe Global Markets, Inc. $CBOE

Aberdeen Group plc boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,779 shares of the company’s stock after purchasing an additional 9,180 shares during the quarter. Aberdeen Group plc’s holdings in Cboe Global Markets were worth $24,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cookson Peirce & Co. Inc. lifted its position in shares of Cboe Global Markets by 1.7% during the third quarter. Cookson Peirce & Co. Inc. now owns 5,449 shares of the company’s stock valued at $1,336,000 after buying an additional 89 shares during the last quarter. Longbow Finance SA purchased a new stake in Cboe Global Markets during the third quarter valued at approximately $14,017,000. Abich Financial Wealth Management LLC acquired a new stake in Cboe Global Markets in the third quarter valued at approximately $90,000. Assetmark Inc. boosted its stake in Cboe Global Markets by 195.4% in the third quarter. Assetmark Inc. now owns 192 shares of the company’s stock valued at $47,000 after acquiring an additional 127 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in Cboe Global Markets by 4.6% in the third quarter. Public Sector Pension Investment Board now owns 22,537 shares of the company’s stock worth $5,527,000 after purchasing an additional 996 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $284.20 on Wednesday. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $285.80. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $29.74 billion, a PE ratio of 39.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The company’s 50 day moving average is $262.82 and its 200 day moving average is $251.29.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data 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%. Cboe Global Markets’s revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.10 EPS. On average, sell-side analysts forecast 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. Shareholders of record on Monday, December 1st were given a dividend of $0.72 per share. This represents a 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%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Citigroup increased their price target on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. UBS Group reissued a “neutral” rating and issued a $290.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $279.00.

About Cboe Global Markets

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.