Benjamin Edwards Inc. Purchases 4,426 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Benjamin Edwards Inc. lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 14.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,703 shares of the company's stock after purchasing an additional 4,426 shares during the period. Benjamin Edwards Inc.'s holdings in Cboe Global Markets were worth $6,782,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AXA S.A. grew its holdings in Cboe Global Markets by 38.8% during the fourth quarter. AXA S.A. now owns 78,778 shares of the company's stock valued at $15,393,000 after purchasing an additional 22,031 shares during the period. BlueCrest Capital Management Ltd bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $484,000. Freestone Grove Partners LP bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $16,178,000. Rehmann Capital Advisory Group increased its holdings in Cboe Global Markets by 40.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,765 shares of the company's stock worth $345,000 after acquiring an additional 512 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Cboe Global Markets by 9.2% during the 4th quarter. Northern Trust Corp now owns 1,242,890 shares of the company's stock worth $242,861,000 after acquiring an additional 104,257 shares during the period. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE traded up $3.57 during mid-day trading on Friday, hitting $231.71. 741,540 shares of the company's stock traded hands, compared to its average volume of 896,094. 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 1 year low of $166.13 and a 1 year high of $236.02. The business has a 50-day moving average of $217.40. The company has a market capitalization of $24.26 billion, a P/E ratio of 32.09, a P/E/G ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted 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%. Cboe Global Markets's quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the business posted $2.15 earnings per share. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.09%. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Insider Activity

In related news, EVP Adam Inzirillo sold 200 shares of the firm's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares of the company's stock, valued at $52,357.76. The trade was a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research report on Monday, January 13th. Morgan Stanley upped their target price on shares of Cboe Global Markets from $235.00 to $256.00 and gave the stock an "overweight" rating in a report on Monday. UBS Group raised their price target on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday. Bank of America reiterated a "neutral" rating and set a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Finally, Loop Capital set a $227.00 price target on Cboe Global Markets in a report on Monday. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $223.36.

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.