Commonwealth Equity Services LLC Sells 208 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Commonwealth Equity Services LLC trimmed its stake in Cboe Global Markets, Inc. (BATS:CBOE – Get Rating) by 1.3% during the third quarter, Holdings Channel reports. The fund owned 15,981 shares of the company’s stock after selling 208 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Cboe Global Markets were worth $1,875,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. Vaughan Nelson Investment Management L.P. increased its stake in shares of Cboe Global Markets by 135.0% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 768,099 shares of the company’s stock worth $90,152,000 after purchasing an additional 441,234 shares during the period. Bridgewater Associates LP increased its position in Cboe Global Markets by 314.3% in the 2nd quarter. Bridgewater Associates LP now owns 477,403 shares of the company’s stock worth $54,037,000 after buying an additional 362,161 shares during the period. Strs Ohio acquired a new position in shares of Cboe Global Markets during the third quarter worth approximately $32,746,000. Scout Investments Inc. lifted its holdings in shares of Cboe Global Markets by 38.4% during the third quarter. Scout Investments Inc. now owns 902,506 shares of the company’s stock worth $105,927,000 after buying an additional 250,341 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Cboe Global Markets by 1.5% in the first quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock valued at $1,416,751,000 after acquiring an additional 185,967 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on CBOE shares. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $137.00 to $140.00 and gave the company a “market perform” rating in a research note on Thursday, January 12th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Cboe Global Markets from $144.00 to $142.00 in a research report on Wednesday, January 11th. Rosenblatt Securities lifted their target price on Cboe Global Markets from $168.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, February 6th. Credit Suisse Group raised Cboe Global Markets from a “neutral” rating to an “outperform” rating and cut their price target for the company from $159.00 to $144.00 in a report on Thursday, January 5th. Finally, JPMorgan Chase & Co. decreased their price objective on Cboe Global Markets from $131.00 to $125.00 and set an “underweight” rating on the stock in a report on Monday, January 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $140.25.

Cboe Global Markets Stock Up 3.0 %

BATS CBOE opened at $122.26 on Tuesday. The stock has a market capitalization of $12.97 billion, a P/E ratio of 63.02 and a beta of 0.61. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a fifty day moving average of $124.78 and a 200-day moving average of $123.28.

Cboe Global Markets (BATS:CBOE – Get Rating) last released its quarterly earnings data on Friday, February 3rd. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.04. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $457.10 million for the quarter, compared to analysts’ expectations of $458.64 million. During the same quarter in the previous year, the business posted $1.70 EPS. Cboe Global Markets’s revenue for the quarter was up 17.1% on a year-over-year basis. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Tuesday, February 28th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Monday, February 27th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Cboe Global Markets Company Profile

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Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, Europe and Asia Pacific, Global FX, and Digital. The Options segment includes the options exchange business, which lists trading options on market indexes (index options), as well as on non-exclusive multiply listed options.