Benjamin Edwards Inc. Has $12.09 Million Position in Cboe Global Markets, Inc. $CBOE

Benjamin Edwards Inc. raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 26.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 49,788 shares of the company’s stock after acquiring an additional 10,338 shares during the quarter. Benjamin Edwards Inc.’s holdings in Cboe Global Markets were worth $12,086,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund boosted its holdings in shares of Cboe Global Markets by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after acquiring an additional 33 shares during the period. SHUTTLEWORTH & Co increased its stake in shares of Cboe Global Markets by 0.5% during the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock worth $2,093,000 after purchasing an additional 41 shares during the period. Arkadios Wealth Advisors lifted its holdings in Cboe Global Markets by 4.7% during the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after purchasing an additional 41 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in Cboe Global Markets by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after purchasing an additional 42 shares during the last quarter. Finally, Norinchukin Bank The boosted its stake in Cboe Global Markets by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $310.45 on Monday. The stock has a market capitalization of $32.93 billion, a P/E ratio of 160.03 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The firm has a 50-day moving average price of $279.40 and a 200-day moving average price of $294.17.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.07. The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.46 EPS. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.86 per share. The ex-dividend date is Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a yield of 1.1%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the transaction, the director directly owned 12,870 shares in the company, valued at approximately $3,590,086.50. This trade represents a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CBOE has been the subject of several analyst reports. TD Cowen lifted their price objective on shares of Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. UBS Group increased their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Piper Sandler lowered their target price on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. increased their price target on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $315.30.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.