Cboe Global Markets, Inc. $CBOE Shares Acquired by JT Stratford LLC

JT Stratford LLC raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 103.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,551 shares of the company’s stock after acquiring an additional 2,823 shares during the period. JT Stratford LLC’s holdings in Cboe Global Markets were worth $1,295,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Missouri Trust & Investment Co acquired a new stake in Cboe Global Markets in the second quarter valued at about $26,000. Clearstead Trust LLC acquired a new position in Cboe Global Markets during the 1st quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $33,000. Ameritas Advisory Services LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $46,000. Finally, Pandora Wealth Inc. purchased a new stake in shares of Cboe Global Markets in the first quarter valued at approximately $45,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $254.35 on Wednesday. The stock has a fifty day moving average price of $247.09 and a 200 day moving average price of $239.52. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week high of $262.98. The firm has a market capitalization of $26.62 billion, a P/E ratio of 35.23, a PEG ratio of 1.75 and a beta of 0.42. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share 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%. During the same quarter in the prior year, the company earned $2.22 EPS. The business’s revenue was up 13.8% on a year-over-year basis. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a $0.72 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 30.93%.

Analyst Ratings Changes

CBOE has been the topic of a number of research analyst reports. Piper Sandler reissued an “overweight” rating and set a $290.00 price objective on shares of Cboe Global Markets in a report on Monday, November 3rd. Morgan Stanley reiterated an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a research report on Wednesday, October 1st. Loop Capital set a $287.00 price target on Cboe Global Markets in a research note on Monday, November 3rd. Citigroup raised their price objective on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Keefe, Bruyette & Woods lifted their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $243.38.

Cboe Global Markets 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.