Global Assets Advisory LLC Buys Shares of 1,564 Cboe Global Markets, Inc. (NASDAQ:CBOE)

Global Assets Advisory LLC acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,564 shares of the company’s stock, valued at approximately $333,000.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Cboe Global Markets during the 1st quarter worth approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $29,000. Greenline Partners LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $29,000. Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. UBS Group lifted their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, May 5th. Bank of America reissued a “neutral” rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Loop Capital set a $227.00 price target on Cboe Global Markets in a research note on Monday, May 5th. Oppenheimer boosted their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. Finally, Morgan Stanley lowered Cboe Global Markets from an “overweight” rating to an “underweight” rating and decreased their price target for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $219.64.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the business’s stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the sale, the executive vice president now owns 2,183 shares in the company, valued at $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $230.60 on Thursday. The stock’s fifty day simple moving average is $224.02 and its 200 day simple moving average is $212.34. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a one year low of $166.88 and a one year high of $236.02. The firm has a market cap of $24.15 billion, a price-to-earnings ratio of 31.94, a P/E/G ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the business posted $2.15 earnings per share. The company’s quarterly revenue was up 12.6% on a year-over-year basis. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a $0.63 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.09%. Cboe Global Markets’s payout ratio is 33.03%.

Cboe Global Markets 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.