waypoint wealth counsel Trims Position in Cboe Global Markets, Inc. $CBOE

waypoint wealth counsel cut its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 37.2% in the 4th quarter, Holdings Channel reports. The firm owned 5,138 shares of the company’s stock after selling 3,044 shares during the period. waypoint wealth counsel’s holdings in Cboe Global Markets were worth $1,290,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CBOE. Brighton Jones LLC boosted its position in Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after acquiring an additional 100 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after purchasing an additional 3,987 shares during the period. Empowered Funds LLC boosted its position in shares of Cboe Global Markets by 132.4% during the first quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,736 shares in the last quarter. Woodline Partners LP boosted its position in shares of Cboe Global Markets by 40.7% during the first quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after purchasing an additional 2,558 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Cboe Global Markets by 138.5% in the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after purchasing an additional 198 shares during the period. 81.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CBOE has been the subject of several research reports. Morgan Stanley increased their price target on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research note on Friday, April 10th. Loop Capital set a $293.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 9th. Keefe, Bruyette & Woods initiated coverage on shares of Cboe Global Markets in a research note on Wednesday, April 8th. They set a “market perform” rating and a $300.00 target price for the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a report on Monday, February 9th. Finally, Argus raised Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $294.20.

Insider Activity

In other news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer directly owned 410 shares in the company, valued at $120,043.90. This represents a 37.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the completion of the transaction, the director directly owned 4,761 shares in the company, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 in the last 90 days. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE stock opened at $298.88 on Thursday. Cboe Global Markets, Inc. has a 12-month low of $209.24 and a 12-month high of $309.87. The stock’s 50 day simple moving average is $290.70 and its 200 day simple moving average is $267.44. The stock has a market capitalization of $31.70 billion, a PE ratio of 153.65 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $671.10 million during the quarter, compared to analyst estimates of $659.59 million. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, February 27th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.