Global Assets Advisory LLC Takes $333,000 Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Global Assets Advisory LLC bought a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,564 shares of the company's stock, valued at approximately $333,000.

A number of other large investors also recently bought and sold shares of the stock. NBC Securities Inc. acquired a new stake in shares of Cboe Global Markets during the first quarter worth about $27,000. Greenline Partners LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Analyst Ratings Changes

CBOE has been the topic of several research reports. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price target for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. Wall Street Zen raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. UBS Group upped their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Piper Sandler lifted their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $219.64.

Insiders Place Their Bets

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

Cboe Global Markets Stock Up 1.3%

CBOE stock traded up $2.85 during midday trading on Friday, reaching $229.00. 741,187 shares of the company were exchanged, compared to its average volume of 870,763. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 1-year low of $166.88 and a 1-year high of $236.02. The stock's 50-day simple moving average is $224.45 and its 200 day simple moving average is $212.84. The company has a market cap of $23.98 billion, a price-to-earnings ratio of 31.72, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the company earned $2.15 EPS. The company's quarterly revenue was up 12.6% compared to the same quarter last year. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. Cboe Global Markets's payout ratio is currently 33.03%.

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.