Greenleaf Trust Has $206,000 Position in Cboe Global Markets, Inc. $CBOE

Greenleaf Trust cut its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 8.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 882 shares of the company’s stock after selling 80 shares during the quarter. Greenleaf Trust’s holdings in Cboe Global Markets were worth $206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clearstead Trust LLC bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at $26,000. Missouri Trust & Investment Co bought a new position in Cboe Global Markets during the second quarter worth about $26,000. NBC Securities Inc. acquired a new position in Cboe Global Markets in the first quarter valued at about $27,000. Hughes Financial Services LLC bought a new stake in shares of Cboe Global Markets in the first quarter worth 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 worth $30,000 after acquiring an additional 139 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CBOE has been the subject of several research analyst reports. UBS Group reiterated a “neutral” rating and issued a $255.00 price objective (up from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Piper Sandler lifted their price target on shares of Cboe Global Markets from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods upped their price target 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 $261.00 price objective on shares of Cboe Global Markets in a report on Thursday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $254.00 target price on shares of Cboe Global Markets in a research note on Monday, August 4th. Two equities 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 company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $234.23.

Cboe Global Markets Stock Down 0.8%

CBOE stock opened at $239.54 on Friday. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27. The business’s 50 day simple moving average is $241.54 and its 200 day simple moving average is $230.61. 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 firm has a market capitalization of $25.05 billion, a PE ratio of 33.18, a PEG ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share (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 quarter in the prior year, the business posted $2.15 earnings per share. The firm’s revenue was up 14.3% on a year-over-year basis. As a group, research analysts anticipate 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. Investors of record on Friday, August 29th were paid a $0.72 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) 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.