JSF Financial LLC Invests $1.26 Million in Cboe Global Markets, Inc. $CBOE

JSF Financial LLC bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,124 shares of the company’s stock, valued at approximately $1,257,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of CBOE. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets during the 2nd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Cboe Global Markets in the second quarter worth about $33,000. Dakota Community Bank & Trust NA bought a new position in Cboe Global Markets during the third quarter valued at approximately $42,000. Ameritas Advisory Services LLC purchased a new position in Cboe Global Markets during the 2nd quarter valued at approximately $46,000. Finally, Root Financial Partners LLC purchased a new position in Cboe Global Markets during the 3rd quarter valued at approximately $51,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Down 1.3%

Shares of CBOE opened at $264.60 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $258.01 and a 200 day moving average of $248.09. The company has a market cap of $27.69 billion, a PE ratio of 36.65, a P/E/G ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 52-week low of $200.88 and a 52-week high of $279.33.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.22 EPS. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 30.93%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Citigroup upped their price objective on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Barclays decreased their price target on shares of Cboe Global Markets from $302.00 to $295.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, November 3rd. Finally, Piper Sandler boosted their target price on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $268.36.

About Cboe Global Markets

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.