Generali Asset Management SPA SGR Has $3.29 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

Key Points

• Generali Asset Management SPA SGR increased its holdings in Cboe Global Markets by 7,413.8%, owning a total of 14,126 shares valued at $3.29 million by the end of the recent quarter.
• Cboe Global Markets recently saw its quarterly dividend rise from $0.63 to $0.72, marking an annualized dividend of $2.88 with a yield of 1.2%.
• Analysts have varying perspectives on Cboe Global Markets, with a consensus rating of "Reduce" and an average price target of $235.46 based on the latest evaluations.

Generali Asset Management SPA SGR lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 7,413.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,126 shares of the company's stock after purchasing an additional 13,938 shares during the period. Generali Asset Management SPA SGR's holdings in Cboe Global Markets were worth $3,294,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. OneDigital Investment Advisors LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $265,000. Capital Investment Advisory Services LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $277,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Cboe Global Markets by 31.9% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 29,561 shares of the company's stock worth $6,689,000 after purchasing an additional 7,146 shares during the last quarter. GAM Holding AG acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $1,541,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $3,463,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $235.97 on Friday. 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 company has a market capitalization of $24.68 billion, a P/E ratio of 32.68, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 12-month low of $187.30 and a 12-month high of $255.27. The firm has a 50-day moving average price of $240.63 and a two-hundred day moving average price of $231.88.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating 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 company posted $2.15 earnings per share. Analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.88 dividend on an annualized basis 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 payout ratio is presently 33.76%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CBOE. Loop Capital set a $264.00 price target on shares of Cboe Global Markets in a research note on Wednesday, October 8th. Morgan Stanley reiterated an "underweight" rating and issued a $221.00 price target on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $254.00 price target on shares of Cboe Global Markets in a research note on Monday, August 4th. UBS Group reiterated a "neutral" rating and issued a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Finally, Citigroup upped their price target on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a "neutral" rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $235.46.

About Cboe Global Markets

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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