Amalgamated Bank Has $5.13 Million Stake in Cboe Global Markets, Inc. $CBOE

Amalgamated Bank boosted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,996 shares of the company’s stock after buying an additional 454 shares during the quarter. Amalgamated Bank’s holdings in Cboe Global Markets were worth $5,130,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Apollon Wealth Management LLC increased its position in Cboe Global Markets by 3.7% during the second quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after buying an additional 45 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Cboe Global Markets by 1.3% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,864 shares of the company’s stock valued at $874,000 after acquiring an additional 48 shares during the period. Pekin Hardy Strauss Inc. boosted its holdings in Cboe Global Markets by 0.5% during the first quarter. Pekin Hardy Strauss Inc. now owns 10,765 shares of the company’s stock valued at $2,436,000 after acquiring an additional 49 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Cboe Global Markets by 9.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock valued at $129,000 after acquiring an additional 49 shares during the period. Finally, Burney Co. boosted its holdings in Cboe Global Markets by 0.7% during the first quarter. Burney Co. now owns 6,942 shares of the company’s stock valued at $1,571,000 after acquiring an additional 51 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 8th. Citigroup increased their target price 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. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $254.00 target price on shares of Cboe Global Markets in a research note on Monday, August 4th. Keefe, Bruyette & Woods increased 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 research note on Monday, August 4th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $221.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $235.46.

Cboe Global Markets Stock Up 3.9%

Shares of CBOE opened at $246.10 on Friday. The stock has a market cap of $25.74 billion, a price-to-earnings ratio of 34.09, a P/E/G ratio of 1.75 and a beta of 0.44. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The company has a 50-day moving average price of $238.33 and a two-hundred day moving average price of $233.94.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.22 earnings per share. Equities analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS 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. Stockholders of record on Friday, August 29th were issued a dividend of $0.72 per share. 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. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is 33.76%.

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.