Cboe Global Markets, Inc. $CBOE Shares Purchased by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Cboe Global Markets by 11.7%, now owning 10,427 shares valued at approximately $2.4 million.
• Several institutional investors significantly boosted their holdings in Cboe, with Citigroup Inc. increasing their stake by 510.8% in the last quarter.
• Cboe Global Markets reported a quarterly earnings per share of $2.46, exceeding estimates, and announced a boosted quarterly dividend of $0.72.

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 11.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,427 shares of the company's stock after buying an additional 1,092 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Cboe Global Markets were worth $2,436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Alliancebernstein L.P. grew its holdings in Cboe Global Markets by 23.1% in the first quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company's stock valued at $2,141,730,000 after purchasing an additional 1,779,048 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Cboe Global Markets by 400.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company's stock valued at $241,580,000 after acquiring an additional 854,325 shares during the last quarter. Nuveen LLC purchased a new position in Cboe Global Markets during the 1st quarter valued at about $74,789,000. Perpetual Ltd acquired a new position in Cboe Global Markets during the first quarter worth about $66,981,000. Finally, Citigroup Inc. lifted its holdings in shares of Cboe Global Markets by 510.8% in the first quarter. Citigroup Inc. now owns 340,185 shares of the company's stock valued at $76,980,000 after purchasing an additional 284,489 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of several research reports. Citigroup lifted their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 8th. Barclays boosted their price target on Cboe Global Markets from $256.00 to $264.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 8th. Loop Capital set a $264.00 price objective on shares of Cboe Global Markets in a research report on Wednesday, October 8th. Piper Sandler set a $270.00 price objective on shares of Cboe Global Markets and gave the company an "overweight" rating in a research note on Tuesday. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a $254.00 price target on shares of Cboe Global Markets in a report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $235.46.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $241.74 on Thursday. The firm has a fifty day simple moving average of $240.90 and a 200-day simple moving average of $231.81. The company 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 twelve month low of $187.30 and a twelve month high of $255.27. 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 - Get Free Report) last released its earnings results 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%.The business's revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.15 earnings per share. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. This is a boost from Cboe Global Markets's previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets's payout ratio is 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.

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