Cboe Global Markets, Inc. $CBOE Shares Acquired by McGuire Investment Group LLC

McGuire Investment Group LLC grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 96,181 shares of the company’s stock after purchasing an additional 857 shares during the period. Cboe Global Markets makes up 2.9% of McGuire Investment Group LLC’s holdings, making the stock its 12th largest position. McGuire Investment Group LLC owned approximately 0.09% of Cboe Global Markets worth $22,430,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Missouri Trust & Investment Co acquired a new position in shares of Cboe Global Markets in the second quarter valued at about $26,000. Clearstead Trust LLC acquired a new position in shares of Cboe Global Markets in the first quarter valued at about $26,000. NBC Securities Inc. acquired a new position in shares of Cboe Global Markets in the first quarter valued at about $27,000. Hughes Financial Services LLC acquired a new position in shares of Cboe Global Markets in the first quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC increased its holdings 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 valued at $30,000 after purchasing an additional 139 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 1.4%

Shares of CBOE opened at $241.77 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The stock’s 50 day moving average is $241.76 and its two-hundred day moving average is $230.20. The firm has a market cap of $25.29 billion, a P/E ratio of 33.49, a PEG ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating 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 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued 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 annualized dividend and a yield of 1.2%. Cboe Global Markets’s dividend payout ratio is 33.76%.

Analyst Upgrades and Downgrades

Several analysts recently commented on CBOE shares. Oppenheimer set a $265.00 target price on Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Barclays raised their target price on Cboe Global Markets from $243.00 to $256.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. UBS Group reaffirmed a “neutral” rating and set a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Keefe, Bruyette & Woods raised their target price 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 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. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $231.62.

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.