Thrivent Financial for Lutherans Acquires 35,848 Shares of Cboe Global Markets, Inc. $CBOE

Thrivent Financial for Lutherans lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 44.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,859 shares of the company’s stock after acquiring an additional 35,848 shares during the period. Thrivent Financial for Lutherans’ holdings in Cboe Global Markets were worth $27,235,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Cboe Global Markets by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 12,833,038 shares of the company’s stock worth $2,992,793,000 after purchasing an additional 195,086 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Cboe Global Markets by 4.1% in the second quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after buying an additional 390,034 shares during the period. State Street Corp grew its position in Cboe Global Markets by 1.7% during the second quarter. State Street Corp now owns 4,895,467 shares of the company’s stock worth $1,141,672,000 after buying an additional 81,432 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in Cboe Global Markets by 1.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,069,233 shares of the company’s stock worth $920,827,000 after buying an additional 54,054 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Cboe Global Markets by 1.8% during the second quarter. Geode Capital Management LLC now owns 2,855,971 shares of the company’s stock valued at $664,186,000 after acquiring an additional 51,873 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $246.75 on Tuesday. The stock’s fifty day simple moving average is $248.81 and its 200 day simple moving average is $241.02. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $262.98. The firm has a market cap of $25.82 billion, a price-to-earnings ratio of 34.18, a P/E/G ratio of 1.75 and a beta of 0.36. 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 (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.22 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a dividend of $0.72 per share. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is 30.93%.

Analyst Ratings Changes

A number of brokerages have commented on CBOE. Piper Sandler reiterated an “overweight” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 3rd. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Keefe, Bruyette & Woods lifted their price target on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. UBS Group boosted their price target on shares of Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Finally, Loop Capital set a $310.00 price objective on shares of Cboe Global Markets in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $245.15.

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.