Perpetual Ltd Acquires New Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Perpetual Ltd bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 295,998 shares of the company's stock, valued at approximately $66,981,000. Perpetual Ltd owned approximately 0.28% of Cboe Global Markets at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CBOE. NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets in the first quarter valued at $27,000. Lee Danner & Bass Inc. acquired a new position in Cboe Global Markets in the 4th quarter valued at about $29,000. Greenline Partners LLC purchased a new position in Cboe Global Markets in the 4th quarter valued at about $29,000. Generali Asset Management SPA SGR purchased a new position in Cboe Global Markets in the 4th quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Insider Buying and Selling at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president now directly owns 2,183 shares in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Price Performance

CBOE stock opened at $226.26 on Friday. The company has a market cap of $23.69 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. 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 stock has a 50-day moving average price of $224.21 and a two-hundred day moving average price of $212.51. Cboe Global Markets, Inc. has a 12-month low of $166.88 and a 12-month high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the business posted $2.15 EPS. The company's revenue for the quarter was up 12.6% on a year-over-year basis. As a group, research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.11%. Cboe Global Markets's dividend payout ratio (DPR) is 33.03%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CBOE. Piper Sandler upped their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Oppenheimer boosted their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a report on Monday, May 5th. UBS Group raised their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Barclays lifted their price objective on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. Finally, Morgan Stanley lowered Cboe Global Markets from an "overweight" rating to an "underweight" rating and dropped their target price for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Cboe Global Markets has an average rating of "Hold" and an average target price of $219.64.

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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