Cboe Global Markets, Inc. $CBOE Shares Purchased by Credit Agricole S A

Key Points

• Credit Agricole S A increased its stake in Cboe Global Markets, Inc. by 18.1%, owning 155,160 shares worth approximately $35.11 million as of their latest filing.
• During the first quarter, several institutional investors significantly boosted their holdings in Cboe, with GAMMA Investing LLC leading with a 29,094.5% increase, now holding over 1.2 million shares.
• Cboe Global Markets declared a quarterly dividend of $0.72, marking an increase from its previous $0.63 dividend, representing an annualized yield of 1.2%.

Credit Agricole S A boosted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 18.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 155,160 shares of the company's stock after purchasing an additional 23,795 shares during the period. Credit Agricole S A owned approximately 0.15% of Cboe Global Markets worth $35,111,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Clearstead Trust LLC purchased a new position in Cboe Global Markets during the 1st quarter worth $26,000. NBC Securities Inc. purchased a new position in Cboe Global Markets during the 1st quarter worth $27,000. Greenline Partners LLC purchased a new position in Cboe Global Markets during the 4th quarter worth $29,000. Hughes Financial Services LLC purchased a new position in Cboe Global Markets during the 1st quarter worth $29,000. Finally, Cornerstone Planning Group LLC grew its position in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company's stock worth $30,000 after purchasing an additional 139 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded down $2.82 during midday trading on Friday, hitting $246.43. The stock had a trading volume of 706,157 shares, compared to its average volume of 874,743. 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, Inc. has a 1 year low of $187.30 and a 1 year high of $255.27. The stock has a 50 day moving average price of $238.77 and a two-hundred day moving average price of $224.86. The company has a market capitalization of $25.77 billion, a PE ratio of 34.13, 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 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the business earned $2.15 earnings per share. Cboe Global Markets's revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, equities analysts predict 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 will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. This is a positive change from Cboe Global Markets's previous quarterly dividend of $0.63. The ex-dividend date is Friday, August 29th. Cboe Global Markets's dividend payout ratio (DPR) is 33.76%.

Analyst Ratings Changes

Several brokerages have issued reports on CBOE. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the company an "outperform" rating in a report on Monday, August 4th. Morgan Stanley set a $218.00 target price on shares of Cboe Global Markets and gave the company an "underweight" rating in a report on Tuesday, July 15th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Piper Sandler lifted their target price 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. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of "Reduce" and a consensus price target of $231.38.

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.