Retirement Planning Co of New England Inc. purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Get Rating) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 449 shares of the company’s stock, valued at approximately $58,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. BlackRock Inc. increased its position in Cboe Global Markets by 0.8% in the third quarter. BlackRock Inc. now owns 8,680,981 shares of the company’s stock worth $1,075,227,000 after buying an additional 72,018 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Cboe Global Markets by 0.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,866,721 shares of the company’s stock worth $355,072,000 after buying an additional 18,453 shares in the last quarter. Geode Capital Management LLC increased its position in Cboe Global Markets by 2.5% in the third quarter. Geode Capital Management LLC now owns 2,014,430 shares of the company’s stock worth $248,882,000 after buying an additional 49,884 shares in the last quarter. Los Angeles Capital Management LLC increased its position in Cboe Global Markets by 6.1% in the third quarter. Los Angeles Capital Management LLC now owns 1,219,791 shares of the company’s stock worth $151,083,000 after buying an additional 69,812 shares in the last quarter. Finally, Lord Abbett & CO. LLC purchased a new stake in Cboe Global Markets in the third quarter worth about $116,871,000. Institutional investors and hedge funds own 82.28% of the company’s stock.
CBOE has been the subject of several research analyst reports. Zacks Investment Research upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and set a $124.00 target price for the company in a research report on Monday, January 17th. Credit Suisse Group initiated coverage on Cboe Global Markets in a research report on Tuesday, February 15th. They set a “neutral” rating and a $144.00 target price for the company. Deutsche Bank Aktiengesellschaft increased their target price on Cboe Global Markets from $143.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, April 7th. Citigroup cut their target price on Cboe Global Markets from $155.00 to $145.00 in a research report on Wednesday, April 13th. Finally, Rosenblatt Securities increased their target price on Cboe Global Markets from $152.00 to $154.00 and gave the stock a “buy” rating in a research report on Thursday, April 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Buy” and an average price target of $135.36.
Cboe Global Markets (NASDAQ:CBOE – Get Rating) last announced its earnings results on Friday, April 29th. The company reported $1.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.05. Cboe Global Markets had a return on equity of 18.62% and a net margin of 15.10%. The firm had revenue of $418.10 million for the quarter, compared to the consensus estimate of $414.88 million. During the same period in the previous year, the business earned $1.53 EPS. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, research analysts expect that Cboe Global Markets, Inc. will post 6.23 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Investors of record on Monday, February 28th were paid a dividend of $0.48 per share. The ex-dividend date was Friday, February 25th. This represents a $1.92 annualized dividend and a yield of 1.70%. Cboe Global Markets’s dividend payout ratio (DPR) is 39.10%.
Cboe Global Markets Company Profile (Get Rating)
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.
- Get a free copy of the StockNews.com research report on Cboe Global Markets (CBOE)
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