E. Ohman J or Asset Management AB Raises Stock Holdings in Cboe Global Markets, Inc. $CBOE

E. Ohman J or Asset Management AB boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 186,304 shares of the company’s stock after buying an additional 8,960 shares during the quarter. Cboe Global Markets accounts for approximately 1.1% of E. Ohman J or Asset Management AB’s holdings, making the stock its 19th biggest position. E. Ohman J or Asset Management AB’s holdings in Cboe Global Markets were worth $43,448,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Alliancebernstein L.P. grew its stake in shares of Cboe Global Markets by 23.1% during the 1st quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company’s stock valued at $2,141,730,000 after purchasing an additional 1,779,048 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Cboe Global Markets by 1.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,069,233 shares of the company’s stock worth $920,827,000 after purchasing an additional 54,054 shares during the period. Invesco Ltd. boosted its stake in Cboe Global Markets by 15.6% in the 1st quarter. Invesco Ltd. now owns 1,357,792 shares of the company’s stock worth $307,255,000 after purchasing an additional 182,725 shares during the period. Northern Trust Corp boosted its stake in Cboe Global Markets by 6.1% in the 1st quarter. Northern Trust Corp now owns 1,319,236 shares of the company’s stock worth $298,530,000 after purchasing an additional 76,346 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Cboe Global Markets by 29,094.5% during the 1st quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company’s stock worth $275,290,000 after acquiring an additional 1,212,368 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CBOE. Citigroup upped their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Piper Sandler increased their target price on Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. UBS Group reissued a “neutral” rating and set a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Finally, Barclays raised their price objective on Cboe Global Markets from $243.00 to $256.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $231.38.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $234.53 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $24.53 billion, a P/E ratio of 32.48, a P/E/G ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week high of $255.27. The stock’s fifty day moving average is $240.92 and its two-hundred day moving average is $228.04.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results 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%.Cboe Global Markets’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 earnings per share. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.72 per share. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 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.