Venturi Wealth Management LLC Buys 90 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Venturi Wealth Management LLC lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.8% during the 4th quarter, Holdings Channel reports. The firm owned 3,307 shares of the company’s stock after acquiring an additional 90 shares during the period. Venturi Wealth Management LLC’s holdings in Cboe Global Markets were worth $646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Erste Asset Management GmbH bought a new position in Cboe Global Markets during the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Cboe Global Markets during the third quarter worth about $158,000. Benjamin Edwards Inc. lifted its holdings in Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after acquiring an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC bought a new position in Cboe Global Markets during the third quarter worth about $216,000. Finally, Harmony Asset Management LLC bought a new position in Cboe Global Markets during the third quarter worth about $15,175,000. 82.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays lifted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Oppenheimer cut their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $210.39 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average of $199.59. The firm has a market capitalization of $22.03 billion, a P/E ratio of 29.14, a P/E/G ratio of 1.69 and a beta of 0.68. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the company posted $2.06 earnings per share. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.22% of the company’s stock.

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.