Aberdeen Group plc Grows Position in Cboe Global Markets, Inc. $CBOE

Aberdeen Group plc grew its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,779 shares of the company’s stock after buying an additional 9,180 shares during the quarter. Aberdeen Group plc owned approximately 0.10% of Cboe Global Markets worth $24,961,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CBOE. Caprock Group LLC bought a new position in Cboe Global Markets during the third quarter valued at approximately $4,156,000. Bank of Montreal Can raised its holdings in shares of Cboe Global Markets by 19.1% during the 2nd quarter. Bank of Montreal Can now owns 241,995 shares of the company’s stock worth $56,436,000 after acquiring an additional 38,872 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Cboe Global Markets by 3.4% during the 3rd quarter. Nordea Investment Management AB now owns 709,997 shares of the company’s stock worth $174,304,000 after acquiring an additional 23,358 shares in the last quarter. Peak Financial Advisors LLC bought a new position in shares of Cboe Global Markets during the 3rd quarter valued at approximately $2,074,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Cboe Global Markets by 557.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $9,070,000 after purchasing an additional 31,919 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $284.20 on Wednesday. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $285.80. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $262.82 and a two-hundred day simple moving average of $251.29. The stock has a market capitalization of $29.74 billion, a price-to-earnings ratio of 39.36, a P/E/G ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same period in the prior year, the company earned $2.10 earnings per share. Cboe Global Markets’s quarterly revenue was up 28.0% on a year-over-year basis. On average, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Friday, November 28th. This represents a dividend yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 27.64%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CBOE shares. UBS Group reiterated a “neutral” rating and set a $290.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. Citigroup increased their price target on shares of Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Barclays lifted their price target on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Piper Sandler raised their price objective on Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $279.00.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.