E. Ohman J or Asset Management AB Purchases 8,960 Shares of Cboe Global Markets, Inc. $CBOE

Key Points

• E. Ohman J or Asset Management AB increased its stake in Cboe Global Markets by 5.1%, acquiring an additional 8,960 shares during the second quarter.
• Cboe Global Markets reported $2.46 EPS for its last quarter, beating analysts' expectations, with a year-over-year revenue increase of 14.3%.
• The company has declared a quarterly dividend of $0.72, representing a boost from the previous dividend and a 1.2% yield.

E. Ohman J or Asset Management AB lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,304 shares of the company's stock after acquiring an additional 8,960 shares during the quarter. Cboe Global Markets makes up approximately 1.1% of E. Ohman J or Asset Management AB's portfolio, making the stock its 19th largest position. E. Ohman J or Asset Management AB owned about 0.18% of Cboe Global Markets worth $43,448,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CBOE. Brighton Jones LLC grew its stake in shares of Cboe Global Markets by 10.1% in the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock worth $213,000 after acquiring an additional 100 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Cboe Global Markets by 9.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,436 shares of the company's stock worth $5,166,000 after acquiring an additional 2,251 shares in the last quarter. OMERS ADMINISTRATION Corp grew its stake in shares of Cboe Global Markets by 20.3% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 4,418 shares of the company's stock worth $863,000 after acquiring an additional 746 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of Cboe Global Markets by 9.8% in the 4th quarter. ProShare Advisors LLC now owns 29,838 shares of the company's stock worth $5,830,000 after acquiring an additional 2,665 shares in the last quarter. Finally, Raiffeisen Bank International AG bought a new stake in shares of Cboe Global Markets in the 4th quarter worth $294,000. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $234.53 on Monday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $24.53 billion, a P/E ratio of 32.48, a P/E/G ratio of 1.75 and a beta of 0.46. The business has a fifty day simple moving average of $240.92 and a two-hundred day simple moving average of $228.04. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27.

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 return on equity of 22.02% and a net margin of 18.64%.Cboe Global Markets's revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the company earned $2.15 earnings per share. On average, equities 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 business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be given a $0.72 dividend. The ex-dividend date of this dividend is Friday, August 29th. 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. Cboe Global Markets's payout ratio is presently 33.76%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CBOE shares. Barclays boosted their price target on shares of Cboe Global Markets from $243.00 to $256.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Oppenheimer set a $265.00 price target on Cboe Global Markets and gave the company an "outperform" rating in a research report on Monday, August 4th. UBS Group reaffirmed a "neutral" rating and issued a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Piper Sandler increased their price target on shares of Cboe Global Markets from $250.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Finally, Morgan Stanley set a $218.00 target price on shares of Cboe Global Markets and gave the stock an "underweight" rating in a report on Tuesday, July 15th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of "Reduce" and a consensus target price of $231.38.

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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