APG Asset Management N.V. reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 622,896 shares of the company’s stock after selling 300 shares during the period. APG Asset Management N.V. owned 0.58% of Cboe Global Markets worth $62,531,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its position in Cboe Global Markets by 1.0% in the 2nd quarter. BlackRock Inc. now owns 8,608,963 shares of the company’s stock valued at $1,024,896,000 after buying an additional 82,456 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Cboe Global Markets by 8.9% during the first quarter. Janus Henderson Group PLC now owns 3,271,847 shares of the company’s stock valued at $322,897,000 after acquiring an additional 268,527 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Cboe Global Markets by 5.6% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,845,974 shares of the company’s stock valued at $280,870,000 after acquiring an additional 150,739 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Cboe Global Markets by 3.5% during the second quarter. Geode Capital Management LLC now owns 1,964,546 shares of the company’s stock worth $233,261,000 after purchasing an additional 67,140 shares during the period. Finally, FMR LLC lifted its holdings in shares of Cboe Global Markets by 8.7% in the 2nd quarter. FMR LLC now owns 1,840,604 shares of the company’s stock worth $219,123,000 after purchasing an additional 147,613 shares in the last quarter. 79.76% of the stock is owned by hedge funds and other institutional investors.
CBOE opened at $124.96 on Thursday. Cboe Global Markets, Inc. has a fifty-two week low of $77.63 and a fifty-two week high of $139.00. The firm has a 50-day moving average of $124.62 and a 200 day moving average of $116.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market cap of $13.33 billion, a P/E ratio of 30.70 and a beta of 0.66.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 15th. Shareholders of record on Tuesday, August 31st were given a $0.48 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.42. This represents a $1.92 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend was Monday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 36.43%.
In other Cboe Global Markets news, CEO Edward T. Tilly sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 3rd. The shares were sold at an average price of $119.93, for a total transaction of $899,475.00. Following the sale, the chief executive officer now directly owns 162,574 shares of the company’s stock, valued at $19,497,499.82. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.56% of the company’s stock.
Several research firms have weighed in on CBOE. UBS Group upped their price objective on shares of Cboe Global Markets from $111.00 to $124.00 and gave the stock a “neutral” rating in a report on Wednesday, July 7th. Argus lifted their price target on Cboe Global Markets from $120.00 to $133.00 and gave the company a “buy” rating in a research note on Wednesday, August 4th. Zacks Investment Research lowered Cboe Global Markets from a “buy” rating to a “hold” rating and set a $124.00 price objective for the company. in a report on Tuesday, June 22nd. Compass Point upgraded Cboe Global Markets from a “neutral” rating to a “buy” rating and raised their target price for the company from $125.00 to $140.00 in a report on Thursday, October 7th. Finally, Piper Sandler upped their price target on Cboe Global Markets from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Monday, July 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $191.57.
Cboe Global Markets Company Profile
Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.
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