Embree Financial Group Grows Holdings in Cboe Global Markets, Inc. $CBOE

Embree Financial Group increased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 32.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,354 shares of the company’s stock after purchasing an additional 9,100 shares during the period. Cboe Global Markets accounts for 1.2% of Embree Financial Group’s investment portfolio, making the stock its 20th largest holding. Embree Financial Group’s holdings in Cboe Global Markets were worth $9,161,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. IHT Wealth Management LLC raised its holdings in shares of Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after buying an additional 44 shares during the last quarter. Apollon Wealth Management LLC increased its position in Cboe Global Markets by 3.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock valued at $294,000 after acquiring an additional 45 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in Cboe Global Markets by 3.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after acquiring an additional 46 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in Cboe Global Markets by 9.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock valued at $129,000 after acquiring an additional 49 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in Cboe Global Markets by 3.9% during the 2nd quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock worth $350,000 after acquiring an additional 56 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CBOE shares. Morgan Stanley reiterated an “underweight” rating and issued a $221.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Citigroup upped their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Loop Capital set a $310.00 target price on shares of Cboe Global Markets in a report on Wednesday, December 10th. Finally, Piper Sandler reissued an “overweight” rating and set a $290.00 price target 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, three have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $245.15.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $248.67 on Friday. The company has a market cap of $26.02 billion, a P/E ratio of 34.44, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $262.98. The business has a fifty day moving average of $249.34 and a two-hundred day moving average of $241.29. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last announced 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%. During the same period in the prior year, the firm posted $2.22 earnings per share. Cboe Global Markets’s revenue was up 13.8% on a year-over-year basis. As a group, analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared 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 dividend payout ratio (DPR) is presently 30.93%.

Cboe Global Markets 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.