Dupont Capital Management Corp Invests $105,000 in Cboe Global Markets (CBOE) Stock

Dupont Capital Management Corp bought a new stake in Cboe Global Markets (NASDAQ:CBOE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 922 shares of the financial services provider’s stock, valued at approximately $105,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cigna Investments Inc. New increased its stake in shares of Cboe Global Markets by 10.6% in the 4th quarter. Cigna Investments Inc. New now owns 4,078 shares of the financial services provider’s stock valued at $508,000 after buying an additional 390 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Cboe Global Markets by 40.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,604 shares of the financial services provider’s stock valued at $200,000 after buying an additional 466 shares during the period. Cookson Peirce & Co. Inc. increased its stake in shares of Cboe Global Markets by 10.1% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 5,115 shares of the financial services provider’s stock valued at $637,000 after buying an additional 470 shares during the period. Baird Financial Group Inc. increased its stake in shares of Cboe Global Markets by 15.8% in the 4th quarter. Baird Financial Group Inc. now owns 3,819 shares of the financial services provider’s stock valued at $476,000 after buying an additional 520 shares during the period. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Cboe Global Markets by 19.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,282 shares of the financial services provider’s stock valued at $409,000 after buying an additional 538 shares during the period. 83.72% of the stock is owned by institutional investors.

Cboe Global Markets opened at $108.38 on Friday, Marketbeat reports. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a market cap of $12.20 billion, a price-to-earnings ratio of 27.05, a price-to-earnings-growth ratio of 1.37 and a beta of 0.63. Cboe Global Markets has a 1-year low of $107.54 and a 1-year high of $108.44.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, May 4th. The financial services provider reported $1.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.11. The firm had revenue of $328.50 million for the quarter, compared to analyst estimates of $313.78 million. Cboe Global Markets had a return on equity of 15.06% and a net margin of 18.82%. The company’s revenue for the quarter was up 69.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 earnings per share. analysts predict that Cboe Global Markets will post 4.68 earnings per share for the current year.

Cboe Global Markets declared that its board has authorized a stock buyback program on Tuesday, February 27th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Several research analysts have recently issued reports on the company. JPMorgan Chase reduced their price target on Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating on the stock in a research report on Tuesday, February 13th. Barclays reduced their price target on Cboe Global Markets from $127.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Monday, February 12th. Wells Fargo restated an “outperform” rating and issued a $120.00 price target (down from $138.00) on shares of Cboe Global Markets in a research report on Monday, February 12th. BidaskClub lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Finally, Deutsche Bank upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and reduced their price target for the stock from $137.00 to $120.00 in a research report on Monday, February 12th. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $119.17.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets (NASDAQ:CBOE).

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply