AG2R LA Mondiale Gestion D Actifs Acquires Shares of 4,470 Cboe Global Markets, Inc. $CBOE

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired a new stake in Cboe Global Markets, purchasing 4,470 shares valued at approximately $1,024,000 during the first quarter.
• Cboe Global Markets has increased its quarterly dividend from $0.63 to $0.72 per share, representing an annual yield of 1.2%.
• The stock currently has an average rating of "Reduce" with a consensus target price of $231.38, according to analyst reports.

AG2R LA Mondiale Gestion D Actifs purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,470 shares of the company's stock, valued at approximately $1,024,000.

Other large investors have also recently made changes to their positions in the company. Militia Capital Partners LP boosted its holdings in shares of Cboe Global Markets by 6.7% in the first quarter. Militia Capital Partners LP now owns 1,600 shares of the company's stock worth $362,000 after buying an additional 100 shares during the last quarter. Cim LLC boosted its holdings in shares of Cboe Global Markets by 1.6% in the first quarter. Cim LLC now owns 6,108 shares of the company's stock worth $1,382,000 after buying an additional 97 shares during the last quarter. Inspire Investing LLC boosted its holdings in shares of Cboe Global Markets by 5.9% in the first quarter. Inspire Investing LLC now owns 1,398 shares of the company's stock worth $316,000 after buying an additional 78 shares during the last quarter. WBI Investments LLC purchased a new position in shares of Cboe Global Markets in the first quarter worth approximately $2,213,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Cboe Global Markets by 138.5% in the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company's stock worth $77,000 after buying an additional 198 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Piper Sandler lifted their price target on shares of Cboe Global Markets from $250.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Keefe, Bruyette & Woods lifted 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 report on Monday, August 4th. Barclays lifted their price target 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. Citigroup lifted their price target 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 price target 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 given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Cboe Global Markets presently has an average rating of "Reduce" and a consensus target price of $231.38.

Cboe Global Markets Price Performance

Shares of CBOE stock traded down $0.82 during mid-day trading on Friday, hitting $233.61. The company had a trading volume of 144,404 shares, compared to its average volume of 870,281. Cboe Global Markets, Inc. has a 52-week low of $187.30 and a 52-week high of $255.27. The stock's 50 day moving average price is $241.00 and its 200-day moving average price is $228.44. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market capitalization of $24.43 billion, a P/E ratio of 32.36, a P/E/G ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping 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 period in the previous year, the firm earned $2.15 EPS. Cboe Global Markets's revenue for the quarter was up 14.3% on a year-over-year basis. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors 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. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, August 29th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.76%.

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.