Aware Super Pty Ltd as trustee of Aware Super Sells 4,169 Shares of Cboe Global Markets, Inc. $CBOE

Key Points

• Aware Super Pty Ltd reduced its stake in Cboe Global Markets, selling 4,169 shares, which represents a 28.2% decrease, leaving them with 10,638 shares worth approximately $2,481,000.
• Cboe Global Markets recently increased its quarterly dividend from $0.63 to $0.72, with an annualized payout of $2.88 and a dividend yield of 1.2%.
• The company reported earnings per share of $2.46 for the last quarter, surpassing analyst expectations, with a year-over-year revenue increase of 14.3%.

Aware Super Pty Ltd as trustee of Aware Super trimmed its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 28.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,638 shares of the company's stock after selling 4,169 shares during the period. Aware Super Pty Ltd as trustee of Aware Super's holdings in Cboe Global Markets were worth $2,481,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new stake in shares of Cboe Global Markets in the 1st quarter valued at $26,000. Missouri Trust & Investment Co bought a new position in Cboe Global Markets during the 2nd quarter valued at about $26,000. Hughes Financial Services LLC bought a new position in Cboe Global Markets during the 1st quarter valued at about $29,000. Cornerstone Planning Group LLC boosted its position in Cboe Global Markets by 4,633.3% in the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company's stock valued at $30,000 after buying an additional 139 shares in the last quarter. Finally, Pandora Wealth Inc. bought a new stake in Cboe Global Markets during the first quarter worth about $45,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Trading Up 1.5%

Shares of CBOE opened at $241.74 on Thursday. The stock's fifty day simple moving average is $240.90 and its 200-day simple moving average is $231.81. The firm has a market capitalization of $25.28 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 12-month low of $187.30 and a 12-month high of $255.27. 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 (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data 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 return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the previous year, the company posted $2.15 earnings per share. Cboe Global Markets's revenue for the quarter was up 14.3% on a year-over-year basis. As a group, research analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. This is a boost from Cboe Global Markets's previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets's payout ratio is 33.76%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CBOE shares. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 8th. Morgan Stanley reaffirmed an "underweight" rating and set a $221.00 price target on shares of Cboe Global Markets in a report on Wednesday, October 1st. UBS Group reissued a "neutral" rating and issued a $255.00 price objective (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Keefe, Bruyette & Woods increased their target price on Cboe Global Markets from $243.00 to $248.00 and gave the stock a "market perform" rating in a report on Monday, August 4th. Finally, Oppenheimer set a $265.00 price target on shares of Cboe Global Markets and gave the stock an "outperform" rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of "Reduce" and a consensus price target 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.

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