Capital Investment Advisory Services LLC Invests $277,000 in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Capital Investment Advisory Services LLC bought a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,225 shares of the company's stock, valued at approximately $277,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock worth $213,000 after purchasing an additional 100 shares during the last quarter. Jones Financial Companies Lllp increased its position in Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after acquiring an additional 62 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in Cboe Global Markets by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,464 shares of the company's stock valued at $872,000 after acquiring an additional 67 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in Cboe Global Markets during the fourth quarter valued at $14,709,000. Finally, Raymond James Financial Inc. purchased a new stake in Cboe Global Markets during the fourth quarter valued at $59,206,000. 82.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CBOE. Oppenheimer upped their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 price objective on Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price objective for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. UBS Group upped their price target on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Finally, Piper Sandler upped their price target on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $221.75.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president directly owned 2,183 shares of the company's stock, valued at $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by insiders.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded down $2.68 during midday trading on Tuesday, reaching $232.54. 600,027 shares of the stock traded hands, compared to its average volume of 858,795. The stock's fifty day moving average is $226.77 and its 200-day moving average is $214.34. Cboe Global Markets, Inc. has a 12 month low of $166.88 and a 12 month high of $237.27. The stock has a market cap of $24.35 billion, a P/E ratio of 32.21, a PEG ratio of 1.75 and a beta of 0.43. 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 announced its quarterly earnings results on Friday, May 2nd. The company reported $2.50 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 business's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 earnings per share. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is 33.03%.

Cboe Global Markets 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.