Astoria Portfolio Advisors LLC. Decreases Position in Cboe Global Markets, Inc. $CBOE

Astoria Portfolio Advisors LLC. trimmed its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,135 shares of the company’s stock after selling 44 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Cboe Global Markets were worth $279,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Missouri Trust & Investment Co purchased a new stake in Cboe Global Markets during the second quarter worth $26,000. Clearstead Trust LLC purchased a new stake in Cboe Global Markets during the first quarter worth $26,000. Hughes Financial Services LLC purchased a new stake in Cboe Global Markets during the first quarter worth $29,000. Cornerstone Planning Group LLC boosted its position 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 in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in Cboe Global Markets during the second quarter worth $46,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CBOE has been the topic of several recent research reports. Barclays upped their price objective on Cboe Global Markets from $256.00 to $264.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 8th. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the company an “outperform” rating in a research report on Monday, August 4th. Citigroup upped their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Finally, Loop Capital set a $264.00 price objective on Cboe Global Markets in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $235.08.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $243.49 on Tuesday. The business’s 50-day moving average price is $241.25 and its 200 day moving average price is $231.70. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company has a market capitalization of $25.47 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping 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 firm earned $2.15 EPS. Cboe Global Markets’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a 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%.

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.