Eisler Capital Management Ltd. Purchases Shares of 113,750 Cboe Global Markets, Inc. $CBOE

Key Points

• Eisler Capital Management Ltd. purchased 113,750 shares of Cboe Global Markets, valued at approximately $25.68 million, now making it the fund's 7th largest holding.
• Other significant investors, including Citigroup and GAMMA Investing LLC, have also increased their positions in Cboe Global Markets, with GAMMA boosting its holding by over 29,000% in the first quarter.
• Cboe Global Markets announced a quarterly dividend increase to $0.72 per share, reflecting a positive change from its previous dividend and represents an annual yield of 1.2%.

Eisler Capital Management Ltd. bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 113,750 shares of the company's stock, valued at approximately $25,684,000. Cboe Global Markets accounts for 0.2% of Eisler Capital Management Ltd.'s holdings, making the stock its 7th largest holding. Eisler Capital Management Ltd. owned about 0.11% of Cboe Global Markets at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CBOE. GAMMA Investing LLC boosted its position in shares of Cboe Global Markets by 29,094.5% during the first quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company's stock valued at $275,290,000 after buying an additional 1,212,368 shares during the period. Nuveen LLC purchased a new position in shares of Cboe Global Markets during the first quarter valued at approximately $74,789,000. Perpetual Ltd purchased a new position in shares of Cboe Global Markets during the first quarter valued at approximately $66,981,000. Citigroup Inc. boosted its position in shares of Cboe Global Markets by 510.8% during the first quarter. Citigroup Inc. now owns 340,185 shares of the company's stock valued at $76,980,000 after buying an additional 284,489 shares during the period. Finally, Balyasny Asset Management L.P. boosted its position in shares of Cboe Global Markets by 108.3% during the fourth quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company's stock valued at $3,498,000 after buying an additional 234,199 shares during the period. Hedge funds and other institutional investors own 82.67% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CBOE shares. Barclays boosted their target price on Cboe Global Markets from $243.00 to $256.00 and gave the company an "equal weight" rating in a research report on Monday, August 4th. Cowen restated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Oppenheimer set a $265.00 price target on shares of Cboe Global Markets and gave the company an "outperform" rating in a research note on Monday, August 4th. Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a "market perform" rating in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of "Reduce" and a consensus price target of $231.38.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE opened at $242.76 on Wednesday. The company has a market capitalization of $25.39 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week 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. The firm has a 50 day moving average of $239.60 and a 200 day moving average of $225.49.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping analysts' consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm's revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 earnings per share. On average, sell-side 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 firm 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 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Cboe Global Markets's previous quarterly dividend of $0.63. The ex-dividend date of this dividend is Friday, August 29th. Cboe Global Markets's payout ratio is presently 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.

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.