Archford Capital Strategies LLC Grows Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Archford Capital Strategies LLC raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 19.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,683 shares of the company's stock after acquiring an additional 1,400 shares during the quarter. Archford Capital Strategies LLC's holdings in Cboe Global Markets were worth $1,965,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in CBOE. New York Life Investment Management LLC lifted its stake in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock valued at $3,035,000 after purchasing an additional 48 shares in the last quarter. Summit Financial LLC raised its holdings in Cboe Global Markets by 0.4% in the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company's stock valued at $2,131,000 after acquiring an additional 48 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of Cboe Global Markets by 0.9% in the 1st quarter. Ritholtz Wealth Management now owns 5,592 shares of the company's stock worth $1,265,000 after acquiring an additional 48 shares in the last quarter. Exencial Wealth Advisors LLC lifted its holdings in Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock worth $893,000 after acquiring an additional 50 shares during the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock worth $611,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Down 0.4%

CBOE opened at $229.27 on Wednesday. The firm's fifty day moving average is $223.77 and its two-hundred day moving average is $212.21. The firm has a market cap of $24.01 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a twelve month low of $166.88 and a twelve month high of $236.02. 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 (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The company's revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.15 earnings per share. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced 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. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend was Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Analyst Upgrades and Downgrades

CBOE has been the topic of several recent research reports. UBS Group lifted their price objective 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. Oppenheimer upped their target price on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Piper Sandler raised 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 report on Monday, May 5th. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and lowered their target price for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. Finally, Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of "Hold" and an average target price of $219.64.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets 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 sale, the executive vice president now directly owns 2,183 shares in the company, valued at approximately $494,624.14. The trade was a 62.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.

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