Metis Global Partners LLC Has $2.05 Million Holdings in Cboe Global Markets, Inc. $CBOE

Metis Global Partners LLC cut its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,771 shares of the company’s stock after selling 222 shares during the period. Metis Global Partners LLC’s holdings in Cboe Global Markets were worth $2,045,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Penserra Capital Management LLC increased its holdings in shares of Cboe Global Markets by 13.2% in the second quarter. Penserra Capital Management LLC now owns 567 shares of the company’s stock valued at $131,000 after purchasing an additional 66 shares in the last quarter. Wedbush Securities Inc. boosted its position in Cboe Global Markets by 26.5% in the 2nd quarter. Wedbush Securities Inc. now owns 3,431 shares of the company’s stock valued at $800,000 after buying an additional 718 shares during the last quarter. Savant Capital LLC boosted its position in Cboe Global Markets by 5.2% in the 2nd quarter. Savant Capital LLC now owns 2,203 shares of the company’s stock valued at $514,000 after buying an additional 108 shares during the last quarter. Achmea Investment Management B.V. increased its stake in shares of Cboe Global Markets by 0.7% in the 2nd quarter. Achmea Investment Management B.V. now owns 9,452 shares of the company’s stock valued at $2,204,000 after buying an additional 68 shares during the period. Finally, Andra AP fonden raised its position in shares of Cboe Global Markets by 103.0% during the second quarter. Andra AP fonden now owns 115,100 shares of the company’s stock worth $26,842,000 after acquiring an additional 58,400 shares during the last quarter. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Price Performance

CBOE opened at $256.62 on Monday. The stock has a market cap of $26.85 billion, a P/E ratio of 35.54, a P/E/G ratio of 1.75 and a beta of 0.42. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $257.41. 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 fifty day simple moving average of $239.47 and a 200 day simple moving average of $235.34.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter last year, the firm earned $2.22 EPS. The company’s quarterly revenue was up 13.8% on a year-over-year basis. On average, research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 29th. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. Cboe Global Markets’s dividend payout ratio (DPR) is currently 30.93%.

Wall Street Analyst Weigh In

A number of analysts recently commented on CBOE shares. Morgan Stanley reiterated an “underweight” rating and issued a $221.00 price objective on shares of Cboe Global Markets in a research report on Wednesday, October 1st. Royal Bank Of Canada reiterated a “sector perform” rating and set a $254.00 price target on shares of Cboe Global Markets in a research report on Monday, August 4th. Barclays increased their price objective on shares of Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a report on Monday, November 3rd. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. Finally, Keefe, Bruyette & Woods upped their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $243.38.

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.