Jefferies Group LLC Invests $2.60 Million in Cboe Global Markets Inc (CBOE)

Jefferies Group LLC acquired a new position in shares of Cboe Global Markets Inc (NASDAQ:CBOE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 20,840 shares of the financial services provider’s stock, valued at approximately $2,596,000.

Several other large investors have also modified their holdings of CBOE. BlackRock Inc. boosted its holdings in Cboe Global Markets by 10.8% during the 4th quarter. BlackRock Inc. now owns 8,088,983 shares of the financial services provider’s stock valued at $1,007,804,000 after acquiring an additional 786,423 shares during the period. Renaissance Technologies LLC boosted its holdings in Cboe Global Markets by 3.0% during the 4th quarter. Renaissance Technologies LLC now owns 4,520,000 shares of the financial services provider’s stock valued at $563,147,000 after acquiring an additional 130,300 shares during the period. Artisan Partners Limited Partnership boosted its holdings in Cboe Global Markets by 2.2% during the 3rd quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock valued at $249,557,000 after acquiring an additional 50,004 shares during the period. Bank of New York Mellon Corp boosted its holdings in Cboe Global Markets by 5.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,597,647 shares of the financial services provider’s stock valued at $199,050,000 after acquiring an additional 87,229 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in Cboe Global Markets by 10.4% during the 3rd quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock valued at $163,635,000 after acquiring an additional 142,667 shares during the period. 84.03% of the stock is owned by hedge funds and other institutional investors.

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Cboe Global Markets Inc (NASDAQ CBOE) opened at $124.54 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market capitalization of $14,036.27, a PE ratio of 35.08, a PEG ratio of 1.53 and a beta of 0.63. Cboe Global Markets Inc has a 52 week low of $78.31 and a 52 week high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01). The company had revenue of $265.60 million during the quarter, compared to analysts’ expectations of $267.25 million. Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The business’s quarterly revenue was up 85.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.63 EPS. sell-side analysts expect that Cboe Global Markets Inc will post 4.64 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Thursday, March 1st. Cboe Global Markets’s payout ratio is presently 30.42%.

Cboe Global Markets declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 27th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

A number of equities analysts recently commented on CBOE shares. Deutsche Bank upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and raised their target price for the company from $120.00 to $127.00 in a report on Tuesday, February 13th. Goldman Sachs Group cut Cboe Global Markets from a “buy” rating to a “neutral” rating in a report on Wednesday, February 7th. Wells Fargo & Co raised their target price on Cboe Global Markets from $4.75 to $138.00 and gave the company an “outperform” rating in a report on Friday, January 5th. BidaskClub cut Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. Finally, JPMorgan Chase & Co. lowered their target price on Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $120.09.

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Cboe Global Markets Company Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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