Cboe Global Markets, Inc. $CBOE Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,148 shares of the company’s stock after selling 68 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Cboe Global Markets were worth $2,133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. boosted its stake in Cboe Global Markets by 3.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 287,404 shares of the company’s stock valued at $67,025,000 after acquiring an additional 9,364 shares during the period. Lazard Freres Gestion S.A.S. bought a new stake in shares of Cboe Global Markets during the second quarter valued at approximately $792,000. Smith Group Asset Management LLC raised its holdings in shares of Cboe Global Markets by 2.1% during the second quarter. Smith Group Asset Management LLC now owns 132,519 shares of the company’s stock valued at $30,905,000 after buying an additional 2,717 shares during the last quarter. Ethic Inc. raised its holdings in shares of Cboe Global Markets by 1.6% during the second quarter. Ethic Inc. now owns 26,396 shares of the company’s stock valued at $6,045,000 after buying an additional 423 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in shares of Cboe Global Markets by 6.1% during the second quarter. Rehmann Capital Advisory Group now owns 2,199 shares of the company’s stock valued at $513,000 after buying an additional 127 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $238.75 on Friday. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The stock has a market cap of $24.97 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 1.75 and a beta of 0.44. The stock’s 50 day moving average price is $239.28 and its 200 day moving average price is $232.86. 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 announced its earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the previous year, the business earned $2.15 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.2%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 33.76%.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $254.00 price target on shares of Cboe Global Markets in a report on Monday, August 4th. Piper Sandler set a $270.00 price target on Cboe Global Markets and gave the company an “overweight” rating in a report on Tuesday, October 14th. Citigroup lifted their price target on Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. UBS Group reaffirmed a “neutral” rating and set a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Loop Capital set a $264.00 price target on Cboe Global Markets in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $235.46.

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.