Park Avenue Securities LLC Purchases New Shares in Cboe Global Markets, Inc. $CBOE

Park Avenue Securities LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,419 shares of the company’s stock, valued at approximately $2,310,000.

Other large investors also recently made changes to their positions in the company. 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 grew its holdings in Cboe Global Markets by 3.7% during the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after acquiring an additional 45 shares during the last quarter. 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 in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cboe Global Markets by 9.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock worth $129,000 after acquiring an additional 49 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Cboe Global Markets by 3.9% during the second quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock worth $350,000 after purchasing an additional 56 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CBOE shares. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Keefe, Bruyette & Woods increased their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a research report on Monday, November 3rd. Citigroup boosted 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday, November 3rd. Finally, Loop Capital set a $295.00 price objective on Cboe Global Markets in a research report on Thursday. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $268.00.

Cboe Global Markets Stock Performance

CBOE stock opened at $260.95 on Friday. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $27.31 billion, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The business’s fifty day moving average is $254.18 and its 200-day moving average is $244.57.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.22 earnings per share. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 112.0%. Cboe Global Markets’s dividend payout ratio is 30.93%.

Cboe Global Markets Company Profile

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.