DekaBank Deutsche Girozentrale Has $94.97 Million Holdings in Cboe Global Markets, Inc. $CBOE

DekaBank Deutsche Girozentrale grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,064 shares of the company’s stock after buying an additional 2,082 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Cboe Global Markets were worth $94,973,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Missouri Trust & Investment Co bought a new stake in Cboe Global Markets during the 2nd quarter worth about $26,000. Clearstead Trust LLC bought a new stake in Cboe Global Markets during the 1st quarter worth about $26,000. Hughes Financial Services LLC bought a new stake in Cboe Global Markets during the 1st quarter worth about $29,000. Cornerstone Planning Group LLC lifted its position in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after buying an additional 139 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Cboe Global Markets during the 2nd quarter worth about $46,000. 82.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CBOE. Piper Sandler set a $270.00 target price on shares of Cboe Global Markets and gave the company an “overweight” rating in a report on Tuesday, October 14th. Citigroup upped their target price on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a report on Monday, August 4th. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a report on Wednesday, October 8th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Reduce” and a consensus target price of $235.46.

Cboe Global Markets Stock Down 1.1%

Cboe Global Markets stock opened at $237.09 on Tuesday. The stock has a market cap of $24.80 billion, a P/E ratio of 32.84, a P/E/G ratio of 1.75 and a beta of 0.44. 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, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company’s 50-day moving average price is $240.05 and its two-hundred day moving average price is $232.23.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $2.15 EPS. As a group, analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared 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 represents a $2.88 annualized dividend and a yield of 1.2%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. Cboe Global Markets’s payout ratio is currently 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.