Marietta Wealth Management LLC Acquires 826 Shares of Cboe Global Markets, Inc. $CBOE

Marietta Wealth Management LLC increased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.8% in the second quarter, HoldingsChannel reports. The firm owned 15,034 shares of the company’s stock after buying an additional 826 shares during the period. Marietta Wealth Management LLC’s holdings in Cboe Global Markets were worth $3,506,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Missouri Trust & Investment Co bought a new position in Cboe Global Markets during the second quarter worth about $26,000. Clearstead Trust LLC bought a new position in Cboe Global Markets during the first quarter worth about $26,000. NBC Securities Inc. bought a new position in Cboe Global Markets during the first quarter worth about $27,000. Hughes Financial Services LLC bought a new position in Cboe Global Markets during the first quarter worth about $29,000. Finally, Cornerstone Planning Group LLC grew its holdings in Cboe Global Markets by 4,633.3% during the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after purchasing an additional 139 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CBOE shares. Piper Sandler boosted their price objective on Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Citigroup boosted 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. UBS Group restated a “neutral” rating and set a $255.00 price objective (up previously from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Morgan Stanley restated an “underweight” rating and set a $221.00 price objective on shares of Cboe Global Markets in a report on Wednesday. Two 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 MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $234.23.

Cboe Global Markets Stock Down 0.8%

Shares of NASDAQ:CBOE opened at $239.54 on Friday. The company has a fifty day moving average of $241.54 and a 200-day moving average of $230.61. The company has a market capitalization of $25.05 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 52-week low of $187.30 and a 52-week high of $255.27.

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, topping 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 firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. On average, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.76%.

Cboe Global Markets Company 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.