Boston Trust Walden Corp Boosts Stake in Cboe Global Markets, Inc. $CBOE

Boston Trust Walden Corp grew its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.3% during the second quarter, Holdings Channel reports. The fund owned 337,573 shares of the company’s stock after purchasing an additional 7,514 shares during the period. Boston Trust Walden Corp’s holdings in Cboe Global Markets were worth $78,725,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Apollon Wealth Management LLC lifted its holdings in shares of Cboe Global Markets by 3.7% during the second 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 during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Cboe Global Markets by 0.9% during the first quarter. Ritholtz Wealth Management now owns 5,592 shares of the company’s stock valued at $1,265,000 after purchasing an additional 48 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of 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 purchasing an additional 48 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in shares of 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 purchasing an additional 49 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of 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 purchasing an additional 49 shares during the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of CBOE opened at $243.49 on Tuesday. The company has a market capitalization of $25.47 billion, a P/E ratio of 33.72, a price-to-earnings-growth 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. The firm has a 50 day moving average of $241.25 and a 200 day moving average of $231.70. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the company earned $2.15 earnings per share. The firm’s revenue was up 14.3% compared to the same quarter last year. As a group, 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 business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.72 dividend. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s payout ratio is presently 33.76%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CBOE shares. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a report on Wednesday, October 8th. Piper Sandler set a $270.00 target price on shares of Cboe Global Markets and gave the company an “overweight” rating in a report on Tuesday. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the company an “outperform” rating in a report on Monday, August 4th. Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Finally, Citigroup raised 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 report on Tuesday, July 8th. Two 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. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Reduce” and an average 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.