Militia Capital Partners LP Grows Stock Holdings in Cboe Global Markets, Inc. $CBOE

Militia Capital Partners LP increased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,600 shares of the company’s stock after purchasing an additional 100 shares during the period. Militia Capital Partners LP’s holdings in Cboe Global Markets were worth $362,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Ritholtz Wealth Management raised 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. raised 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. raised 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. Burney Co. raised its holdings in shares of 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 purchasing an additional 51 shares during the last quarter. Finally, Argent Trust Co raised its holdings in shares of Cboe Global Markets by 1.3% during the first quarter. Argent Trust Co now owns 4,927 shares of the company’s stock valued at $1,115,000 after purchasing an additional 61 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CBOE shares. Barclays boosted their price objective on shares of Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a report on Monday, August 4th. Keefe, Bruyette & Woods upped 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 report on Monday, August 4th. UBS Group reaffirmed a “neutral” rating and set a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Citigroup upped their target price on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $231.38.

Cboe Global Markets Stock Performance

CBOE opened at $236.37 on Friday. The firm has a market cap of $24.72 billion, a P/E ratio of 32.74, a PEG ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27. The company has a 50 day simple moving average of $240.85 and a two-hundred day simple moving average of $227.57. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the company earned $2.15 earnings per share. Equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The company 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 is Friday, August 29th. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.76%.

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.