2,272 Shares in Cboe Global Markets, Inc. $CBOE Purchased by United Services Automobile Association

United Services Automobile Association bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 1st quarter, HoldingsChannel reports. The firm bought 2,272 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clearstead Trust LLC purchased a new position in Cboe Global Markets during the 1st quarter valued at about $26,000. NBC Securities Inc. purchased a new position in Cboe Global Markets during the 1st quarter valued at about $27,000. Hughes Financial Services LLC purchased a new position in Cboe Global Markets during the 1st quarter valued at about $29,000. Cornerstone Planning Group LLC grew its stake in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $30,000 after acquiring an additional 139 shares in the last quarter. Finally, Pandora Wealth Inc. purchased a new position in Cboe Global Markets during the 1st quarter valued at about $45,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 1.0%

CBOE opened at $234.75 on Thursday. The business has a 50 day moving average price of $240.75 and a 200 day moving average price of $227.39. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market cap of $24.55 billion, a P/E ratio of 32.51, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly 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%.The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.15 EPS. Research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

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

Wall Street Analysts Forecast Growth

CBOE has been the subject of several research reports. 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. Barclays lifted their price target on Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a report on Monday, August 4th. Morgan Stanley set a $218.00 price target on Cboe Global Markets and gave the company an “underweight” rating in a report on Tuesday, July 15th. UBS Group restated a “neutral” rating and issued a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Oppenheimer set a $265.00 target price on Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets presently has an average rating of “Reduce” and an average target price of $231.38.

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.