Cboe Global Markets (NASDAQ:CBOE) Sees Large Volume Increase

Cboe Global Markets, Inc. (NASDAQ:CBOEGet Rating) shares saw an uptick in trading volume on Friday . 96,295 shares traded hands during mid-day trading, a decline of 81% from the previous session’s volume of 504,895 shares.The stock last traded at $109.65 and had previously closed at $108.87.

A number of research analysts recently weighed in on CBOE shares. Rosenblatt Securities upped their price objective on Cboe Global Markets from $152.00 to $154.00 and gave the stock a “buy” rating in a report on Thursday, April 14th. StockNews.com began coverage on Cboe Global Markets in a report on Thursday, March 31st. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Cboe Global Markets from $145.00 to $131.00 in a research note on Thursday, May 19th. Finally, Citigroup cut their price target on shares of Cboe Global Markets from $155.00 to $145.00 in a research report on Wednesday, April 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $135.10.

The firm has a 50-day moving average of $112.07 and a 200 day moving average of $117.93. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 17.53 and a beta of 0.63. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.45.

Cboe Global Markets (NASDAQ:CBOEGet Rating) last issued its quarterly earnings data on Friday, April 29th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.05. The firm had revenue of $418.10 million during the quarter, compared to the consensus estimate of $414.88 million. Cboe Global Markets had a return on equity of 18.94% and a net margin of 14.46%. The firm’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.53 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 6.32 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st were paid a $0.48 dividend. The ex-dividend date of this dividend was Friday, May 27th. This represents a $1.92 annualized dividend and a dividend yield of 1.77%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 41.20%.

Several large investors have recently added to or reduced their stakes in CBOE. Exchange Traded Concepts LLC grew its stake in Cboe Global Markets by 1.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 4,728 shares of the company’s stock valued at $617,000 after acquiring an additional 84 shares during the period. Penserra Capital Management LLC grew its position in Cboe Global Markets by 22.8% during the fourth quarter. Penserra Capital Management LLC now owns 474 shares of the company’s stock worth $61,000 after buying an additional 88 shares in the last quarter. Mutual of America Capital Management LLC lifted its stake in Cboe Global Markets by 0.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 14,079 shares of the company’s stock worth $1,836,000 after purchasing an additional 89 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Cboe Global Markets by 1.2% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,865 shares of the company’s stock valued at $1,026,000 after acquiring an additional 93 shares during the last quarter. Finally, First Republic Investment Management Inc. raised its position in Cboe Global Markets by 2.4% during the 4th quarter. First Republic Investment Management Inc. now owns 4,093 shares of the company’s stock valued at $534,000 after purchasing an additional 97 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

About Cboe Global Markets (NASDAQ:CBOE)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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