Edmond DE Rothschild Holding S.A. Boosts Position in Cboe Global Markets, Inc. $CBOE

Key Points

• Edmond DE Rothschild Holding S.A. increased its holdings in Cboe Global Markets by 12.6% in Q1, now owning 36,143 shares valued at approximately $8.18 million.
• Cboe Global Markets recently declared a quarterly dividend of $0.72 per share, an increase from its previous dividend of $0.63, indicating a positive outlook for investors.
• The company's stock had a slight decline of 0.5% recently and has a twelve-month range from $187.30 to $255.27, with a market capitalization of $24.49 billion.

Edmond DE Rothschild Holding S.A. lifted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 12.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 36,143 shares of the company's stock after acquiring an additional 4,050 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Cboe Global Markets were worth $8,179,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Clearstead Trust LLC purchased a new stake in shares of Cboe Global Markets during the first quarter worth about $26,000. NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets during the first quarter worth about $27,000. Hughes Financial Services LLC purchased a new stake in shares of Cboe Global Markets during the first quarter worth 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 during the last quarter. Finally, Greenline Partners LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent research reports. Morgan Stanley set a $218.00 target price on Cboe Global Markets and gave the company an "underweight" rating in a research report on Tuesday, July 15th. UBS Group reiterated a "neutral" rating and issued a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Citigroup boosted their price target on Cboe Global Markets from $230.00 to $245.00 and gave the company a "neutral" rating in a report on Tuesday, July 8th. Keefe, Bruyette & Woods boosted their price target on Cboe Global Markets from $243.00 to $248.00 and gave the company a "market perform" rating in a report on Monday, August 4th. Finally, Oppenheimer set a $265.00 target price on Cboe Global Markets and gave the stock an "outperform" rating in a research note on Monday, August 4th. 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 stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $231.38.

Cboe Global Markets Price Performance

NASDAQ CBOE traded up $1.66 during mid-day trading on Wednesday, hitting $234.09. The stock had a trading volume of 210,370 shares, compared to its average volume of 875,221. The firm's 50 day moving average is $240.68 and its 200 day moving average is $227.34. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. 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 stock has a market capitalization of $24.48 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating 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 period in the prior year, the company posted $2.15 earnings per share. The company's quarterly revenue was up 14.3% compared to the same quarter last year. Equities research 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 disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.88 annualized dividend and a yield of 1.2%. This is an increase from Cboe Global Markets's previous quarterly dividend of $0.63. Cboe Global Markets's dividend payout ratio is currently 33.76%.

Cboe Global Markets Company 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.