ASR Vermogensbeheer N.V. Sells 78 Shares of Cboe Global Markets, Inc. $CBOE

ASR Vermogensbeheer N.V. lowered its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,359 shares of the company’s stock after selling 78 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Cboe Global Markets were worth $4,747,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Clearstead Trust LLC bought a new stake in Cboe Global Markets during the 1st quarter valued at $26,000. Missouri Trust & Investment Co bought a new stake in shares of Cboe Global Markets during the 2nd quarter valued at $26,000. NBC Securities Inc. bought a new stake in shares of Cboe Global Markets during the 1st quarter valued at $27,000. Hughes Financial Services LLC bought a new stake in shares of Cboe Global Markets during the 1st quarter valued at $29,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $30,000 after purchasing an additional 139 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CBOE shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $254.00 price target on shares of Cboe Global Markets in a research report on Monday, August 4th. Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 target price on shares of Cboe Global Markets in a report on Wednesday. Citigroup upped their target price on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Loop Capital set a $261.00 target price on Cboe Global Markets in a research note on Thursday. Finally, Piper Sandler upped their price objective on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a research 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 stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $234.23.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $239.54 on Friday. 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 $25.05 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46. The business’s 50-day moving average price is $241.54 and its 200-day moving average price is $230.52. 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) 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%.During the same quarter last year, the firm posted $2.15 EPS. Cboe Global Markets’s quarterly revenue was up 14.3% compared to the same quarter last year. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.88 annualized dividend and a dividend 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 33.76%.

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.