4,012 Shares in Cboe Global Markets, Inc. $CBOE Bought by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,012 shares of the company’s stock, valued at approximately $974,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Cboe Global Markets during the second quarter worth about $2,474,799,000. State Street Corp raised its stake in Cboe Global Markets by 2.1% in the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after purchasing an additional 101,349 shares in the last quarter. Geode Capital Management LLC raised its stake in Cboe Global Markets by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after purchasing an additional 65,108 shares in the last quarter. Morgan Stanley lifted its position in Cboe Global Markets by 6.1% during the fourth quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock valued at $675,482,000 after purchasing an additional 155,333 shares during the last quarter. Finally, Deutsche Bank AG bought a new stake in Cboe Global Markets during the second quarter valued at approximately $491,465,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

BATS CBOE opened at $310.45 on Friday. The company has a 50-day simple moving average of $279.40 and a two-hundred day simple moving average of $294.07. Cboe Global Markets, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18. The firm has a market cap of $32.93 billion, a price-to-earnings ratio of 160.03 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million during the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.Cboe Global Markets’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.46 EPS. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.86 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a yield of 1.1%. Cboe Global Markets’s payout ratio is presently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the sale, the director owned 12,870 shares in the company, valued at approximately $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on CBOE. UBS Group boosted their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Piper Sandler lowered their price objective on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Barclays lifted their price objective on shares of Cboe Global Markets from $347.00 to $354.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. increased their target price on Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research note on Tuesday, July 28th. Finally, Erste Group Bank downgraded Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $315.30.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.