Cboe Global Markets, Inc. $CBOE Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 25.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,236 shares of the company’s stock after purchasing an additional 10,871 shares during the quarter. Allianz Asset Management GmbH owned 0.05% of Cboe Global Markets worth $12,415,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC increased its holdings in shares of Cboe Global Markets by 3.7% during the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock valued at $294,000 after purchasing an additional 45 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Cboe Global Markets by 1.3% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,864 shares of the company’s stock valued at $874,000 after purchasing an additional 48 shares in the last quarter. Pekin Hardy Strauss Inc. increased its holdings in shares of Cboe Global Markets by 0.5% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 10,765 shares of the company’s stock valued at $2,436,000 after purchasing an additional 49 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of 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 purchasing an additional 49 shares in the last quarter. Finally, Burney Co. increased its holdings in shares of Cboe Global Markets by 0.7% during the 1st quarter. Burney Co. now owns 6,942 shares of the company’s stock valued at $1,571,000 after purchasing an additional 51 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Down 1.1%

Shares of CBOE opened at $237.09 on Tuesday. 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, Inc. has a one year low of $187.30 and a one year high of $255.27. The stock has a market capitalization of $24.80 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 1.75 and a beta of 0.44. The stock has a 50 day moving average price of $240.05 and a 200 day moving average price of $232.23.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The firm’s revenue was up 14.3% on a year-over-year basis. During the same period last year, the company posted $2.15 EPS. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, August 29th. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. Cboe Global Markets’s payout ratio is 33.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CBOE shares. Keefe, Bruyette & Woods lifted their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a report on Monday, August 4th. Oppenheimer set a $265.00 price target on shares of Cboe Global Markets and gave the company an “outperform” rating in a research note on Monday, August 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $254.00 price target on shares of Cboe Global Markets in a research note on Monday, August 4th. Citigroup lifted their price target on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Finally, UBS Group reissued a “neutral” rating and issued a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $235.46.

About Cboe Global Markets

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.