Cboe Global Markets, Inc. $CBOE Holdings Trimmed by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC trimmed its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,148 shares of the company’s stock after selling 68 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Cboe Global Markets were worth $2,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CBOE. Brighton Jones LLC grew its holdings in shares of Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after acquiring an additional 100 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Cboe Global Markets by 29.0% during the 1st quarter. GAMMA Investing LLC now owns 5,376 shares of the company’s stock valued at $1,217,000 after acquiring an additional 1,209 shares in the last quarter. PDS Planning Inc purchased a new position in shares of Cboe Global Markets during the 1st quarter valued at $338,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Cboe Global Markets by 15.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,826 shares of the company’s stock valued at $6,196,000 after acquiring an additional 3,646 shares in the last quarter. Finally, RBA Wealth Management LLC acquired a new stake in shares of Cboe Global Markets in the 1st quarter valued at $5,443,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on CBOE. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research report on Monday, August 4th. Keefe, Bruyette & Woods boosted their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a research report on Monday, August 4th. Barclays boosted their target price on shares of Cboe Global Markets from $256.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 8th. Citigroup upped their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Finally, UBS Group reaffirmed a “neutral” rating and set a $255.00 price objective (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Two investment 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. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $235.46.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $238.75 on Friday. The stock has a market cap of $24.97 billion, a P/E ratio of 33.07, a PEG ratio of 1.75 and a beta of 0.44. The company’s 50-day simple moving average is $239.28 and its 200 day simple moving average is $232.86. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. 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 (NASDAQ:CBOE) last posted its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The business’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s payout ratio is presently 33.76%.

About Cboe Global Markets

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.