West Family Investments Inc. Has $732,000 Position in Cboe Global Markets, Inc. $CBOE

West Family Investments Inc. boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 34.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,140 shares of the company’s stock after purchasing an additional 812 shares during the quarter. West Family Investments Inc.’s holdings in Cboe Global Markets were worth $732,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its stake in Cboe Global Markets by 19.1% in the 2nd 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 last quarter. Stevens Capital Management LP bought a new position in shares of Cboe Global Markets in the 2nd quarter valued at $531,000. Promethium Advisors LLC lifted its stake in shares of Cboe Global Markets by 36.9% in 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 last quarter. CTC Alternative Strategies Ltd. acquired a new stake in shares of Cboe Global Markets during the 1st quarter valued at $588,000. Finally, Cidel Asset Management Inc. grew its position in Cboe Global Markets by 2.7% during 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 during the last quarter. Institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on CBOE shares. UBS Group increased their target price on Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Piper Sandler reissued an “overweight” rating and set a $290.00 target price on shares of Cboe Global Markets in a report on Monday, November 3rd. Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Finally, Citigroup increased their price objective on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $243.38.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $258.17 on Friday. The firm has a 50 day moving average of $246.44 and a 200-day moving average of $238.85. The company has a market cap of $27.02 billion, a price-to-earnings ratio of 35.76, a price-to-earnings-growth 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, Inc. has a 52 week low of $187.30 and a 52 week high of $262.98.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.22 earnings per share. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Cboe Global Markets Company 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.