AMP Capital Investors Ltd boosted its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,397 shares of the financial services provider’s stock after purchasing an additional 1,967 shares during the period. AMP Capital Investors Ltd owned about 0.10% of Cboe Global Markets worth $13,878,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the stock. BlueCrest Capital Management Ltd bought a new position in Cboe Global Markets in the fourth quarter valued at $729,000. Profund Advisors LLC grew its position in Cboe Global Markets by 38.4% in the fourth quarter. Profund Advisors LLC now owns 3,727 shares of the financial services provider’s stock valued at $464,000 after purchasing an additional 1,034 shares in the last quarter. Renaissance Technologies LLC grew its position in Cboe Global Markets by 3.0% in the fourth quarter. Renaissance Technologies LLC now owns 4,520,000 shares of the financial services provider’s stock valued at $563,147,000 after purchasing an additional 130,300 shares in the last quarter. Granite Investment Advisors LLC bought a new position in Cboe Global Markets in the fourth quarter valued at $374,000. Finally, Caisse DE Depot ET Placement DU Quebec bought a new position in Cboe Global Markets in the fourth quarter valued at $324,000. 84.03% of the stock is owned by institutional investors and hedge funds.
Cboe Global Markets Inc (CBOE) opened at $123.82 on Tuesday. Cboe Global Markets Inc has a 12-month low of $78.31 and a 12-month high of $138.54. The company has a market cap of $14,050.00, a PE ratio of 66.57, a PEG ratio of 1.53 and a beta of 0.63. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 1.30.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, March 1st. Cboe Global Markets’s dividend payout ratio (DPR) is presently 58.06%.
Cboe Global Markets announced that its board has initiated a share repurchase program on Tuesday, February 27th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.
CBOE has been the subject of a number of analyst reports. Bank of America decreased their target price on shares of Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating for the company in a research report on Monday, February 12th. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a research report on Monday, February 12th. Deutsche Bank raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and decreased their target price for the company from $137.00 to $120.00 in a research report on Monday, February 12th. BidaskClub raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research report on Friday, January 26th. Finally, UBS Group reaffirmed a “buy” rating and issued a $120.00 target price (down previously from $136.00) on shares of Cboe Global Markets in a research report on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $120.09.
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Cboe Global Markets Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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