2,315 Shares in Cboe Global Markets, Inc. $CBOE Purchased by Andina Capital Management LLC

Key Points

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Andina Capital Management LLC purchased a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,315 shares of the company's stock, valued at approximately $524,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Ritholtz Wealth Management lifted its stake in shares of Cboe Global Markets by 0.9% during the first quarter. Ritholtz Wealth Management now owns 5,592 shares of the company's stock worth $1,265,000 after buying an additional 48 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Cboe Global Markets by 1.3% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,864 shares of the company's stock worth $874,000 after buying an additional 48 shares during the period. Pekin Hardy Strauss Inc. lifted its stake in shares of Cboe Global Markets by 0.5% during the first quarter. Pekin Hardy Strauss Inc. now owns 10,765 shares of the company's stock worth $2,436,000 after buying an additional 49 shares during the period. Burney Co. lifted its stake in shares of Cboe Global Markets by 0.7% during the first quarter. Burney Co. now owns 6,942 shares of the company's stock worth $1,571,000 after buying an additional 51 shares during the period. Finally, Argent Trust Co lifted its stake in shares of Cboe Global Markets by 1.3% during the first quarter. Argent Trust Co now owns 4,927 shares of the company's stock worth $1,115,000 after buying an additional 61 shares during the period. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Stock Performance

CBOE stock traded down $2.82 during midday trading on Friday, hitting $246.43. 706,157 shares of the stock traded hands, compared to its average volume of 874,743. The firm has a market cap of $25.77 billion, a P/E ratio of 34.13, a PEG ratio of 1.75 and a beta of 0.46. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock's fifty day simple moving average is $238.77 and its 200-day simple moving average is $224.86. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.72 per share. This is a boost from Cboe Global Markets's previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 29th. Cboe Global Markets's dividend payout ratio (DPR) is 33.76%.

Analyst Ratings Changes

CBOE has been the subject of several recent research reports. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a "market perform" rating in a report on Monday, August 4th. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an "outperform" rating in a report on Monday, August 4th. Royal Bank Of Canada reissued a "sector perform" rating and set a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Piper Sandler raised their target price on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Reduce" and an average target price of $231.38.

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.