Caxton Associates LLP Takes Position in Cboe Global Markets, Inc. $CBOE

Caxton Associates LLP acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 6,608 shares of the company’s stock, valued at approximately $1,541,000.

Several other institutional investors and hedge funds have also modified their holdings of CBOE. CYBER HORNET ETFs LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth $64,000. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets during the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new position in Cboe Global Markets in the second quarter worth $72,000. Corient Private Wealth LLC increased its stake in Cboe Global Markets by 378.6% during the second quarter. Corient Private Wealth LLC now owns 81,026 shares of the company’s stock valued at $18,896,000 after purchasing an additional 64,096 shares during the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in shares of Cboe Global Markets by 52.8% during the second quarter. State of Tennessee Department of Treasury now owns 42,324 shares of the company’s stock worth $9,870,000 after purchasing an additional 14,621 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Down 2.5%

Shares of Cboe Global Markets stock opened at $246.75 on Tuesday. The stock has a 50-day simple moving average of $248.81 and a 200-day simple moving average of $241.02. Cboe Global Markets, Inc. has a 52-week low of $187.30 and a 52-week high of $262.98. The firm has a market cap of $25.82 billion, a price-to-earnings ratio of 34.18, 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.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.22 earnings per share. On average, equities research analysts expect 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. Stockholders of record on Monday, December 1st were given a dividend of $0.72 per share. This represents a dividend yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s payout ratio is 30.93%.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of research reports. UBS Group increased their price target on Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Citigroup increased their target price on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Morgan Stanley restated an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Finally, Keefe, Bruyette & Woods boosted their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $245.15.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.