Mackenzie Financial Corp Grows Stock Holdings in Cboe Global Markets, Inc. $CBOE

Mackenzie Financial Corp boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 289,691 shares of the company’s stock after purchasing an additional 25,869 shares during the period. Mackenzie Financial Corp’s holdings in Cboe Global Markets were worth $67,559,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can grew its holdings in Cboe Global Markets by 19.1% during the second quarter. Bank of Montreal Can now owns 241,995 shares of the company’s stock valued at $56,436,000 after purchasing an additional 38,872 shares during the period. Stevens Capital Management LP purchased a new position in shares of Cboe Global Markets during the 2nd quarter valued at about $531,000. Promethium Advisors LLC grew its stake in shares of Cboe Global Markets by 36.9% during the 1st quarter. Promethium Advisors LLC now owns 10,696 shares of the company’s stock valued at $2,420,000 after acquiring an additional 2,884 shares during the period. CTC Alternative Strategies Ltd. bought a new position in shares of Cboe Global Markets during the 1st quarter valued at approximately $588,000. Finally, Cidel Asset Management Inc. increased its holdings in Cboe Global Markets by 2.7% in the 2nd quarter. Cidel Asset Management Inc. now owns 108,906 shares of the company’s stock worth $25,398,000 after acquiring an additional 2,854 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 0.0%

Shares of CBOE stock opened at $258.17 on Friday. The company’s fifty day simple moving average is $246.44 and its two-hundred day simple moving average is $238.85. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week high of $262.98. The stock has a market cap of $27.02 billion, a P/E ratio of 35.76, a PEG ratio of 1.75 and a beta of 0.42. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.53 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 company earned $2.22 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s payout ratio is presently 30.93%.

Analyst Ratings Changes

Several brokerages have weighed in on CBOE. Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a report on Wednesday, October 1st. Loop Capital set a $287.00 target price on shares of Cboe Global Markets in a report on Monday, November 3rd. Citigroup increased their price target on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $254.00 price objective on shares of Cboe Global Markets in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $243.38.

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.