Cary Street Partners Financial LLC Acquires Shares of 64,555 Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cary Street Partners Financial LLC purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 64,555 shares of the company's stock, valued at approximately $12,614,000. Cary Street Partners Financial LLC owned 0.06% of Cboe Global Markets at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CBOE. Barclays PLC increased its stake in shares of Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company's stock worth $109,662,000 after buying an additional 116,852 shares during the period. Principal Financial Group Inc. increased its position in shares of Cboe Global Markets by 2.0% in the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company's stock valued at $32,197,000 after acquiring an additional 3,155 shares during the period. GAMMA Investing LLC raised its stake in shares of Cboe Global Markets by 146.1% during the fourth quarter. GAMMA Investing LLC now owns 4,167 shares of the company's stock valued at $814,000 after acquiring an additional 2,474 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Cboe Global Markets by 16.7% during the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company's stock worth $126,262,000 after purchasing an additional 92,537 shares during the period. Finally, Fortem Financial Group LLC grew its stake in shares of Cboe Global Markets by 1.6% in the fourth quarter. Fortem Financial Group LLC now owns 6,119 shares of the company's stock worth $1,196,000 after purchasing an additional 99 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of CBOE stock traded up $0.91 during trading hours on Wednesday, hitting $234.23. The stock had a trading volume of 1,018,466 shares, compared to its average volume of 894,183. The business has a 50-day simple moving average of $216.72. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.00. The stock has a market capitalization of $24.52 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the business posted $2.15 EPS. The firm's revenue was up 12.6% compared to the same quarter last year. As a group, equities research analysts predict 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 will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.08%. Cboe Global Markets's payout ratio is currently 33.03%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CBOE. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating for the company. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a report on Monday, January 13th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research report on Monday. Finally, Loop Capital set a $227.00 price objective on shares of Cboe Global Markets in a report on Monday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $223.36.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were 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 in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares of the company's stock, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 in the last three months. Insiders own 0.22% of the company's stock.

Cboe Global Markets Company 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.