Securian Asset Management Inc. Sells 100 Shares of Cboe Global Markets, Inc. $CBOE

Securian Asset Management Inc. lessened its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,374 shares of the company’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Cboe Global Markets were worth $1,253,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CBOE. Clearstead Trust LLC bought a new position in Cboe Global Markets during the 1st quarter valued at approximately $26,000. Missouri Trust & Investment Co purchased a new position in shares of Cboe Global Markets in the second quarter worth $26,000. Hughes Financial Services LLC purchased a new position in shares of Cboe Global Markets in the first quarter worth $29,000. Cornerstone Planning Group LLC raised its stake in shares of Cboe Global Markets by 4,633.3% in the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after purchasing an additional 139 shares during the last quarter. Finally, Pandora Wealth Inc. purchased a new position in shares of Cboe Global Markets in the first quarter worth $45,000. Institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the subject of several recent analyst reports. Morgan Stanley restated an “underweight” rating and issued a $221.00 price target on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Loop Capital set a $264.00 price target on Cboe Global Markets in a research note on Wednesday, October 8th. Citigroup boosted their price target on Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 8th. Barclays boosted their price target on Cboe Global Markets from $256.00 to $264.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $235.46.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $237.25 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $255.27. The firm has a market capitalization of $24.81 billion, a P/E ratio of 32.86, a PEG ratio of 1.75 and a beta of 0.44. The business has a fifty day moving average of $239.45 and a 200 day moving average of $232.48.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same period last year, the company earned $2.15 earnings per share. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.2%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 33.76%.

Cboe Global Markets 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.