D.A. Davidson & CO. Has $777,000 Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

D.A. Davidson & CO. lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 62.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,433 shares of the company's stock after acquiring an additional 1,320 shares during the quarter. D.A. Davidson & CO.'s holdings in Cboe Global Markets were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of CBOE. Summit Financial LLC boosted 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 worth $2,131,000 after purchasing an additional 48 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in Cboe Global Markets by 0.9% in the first quarter. Ritholtz Wealth Management now owns 5,592 shares of the company's stock worth $1,265,000 after purchasing an additional 48 shares in the last quarter. Inspire Advisors LLC boosted its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock worth $611,000 after purchasing an additional 50 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Cboe Global Markets by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock worth $42,000 after purchasing an additional 62 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC boosted its holdings in Cboe Global Markets by 4.9% in the first quarter. Elevation Point Wealth Partners LLC now owns 1,343 shares of the company's stock worth $304,000 after purchasing an additional 63 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The shares were 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 owned 2,183 shares in the company, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE traded up $0.58 during mid-day trading on Friday, hitting $235.01. The company had a trading volume of 669,308 shares, compared to its average volume of 854,045. 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 business's 50-day simple moving average is $227.73 and its 200-day simple moving average is $215.16. Cboe Global Markets, Inc. has a 12 month low of $169.09 and a 12 month high of $237.27. The firm has a market cap of $24.61 billion, a P/E ratio of 32.55, a PEG ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm earned $2.15 earnings per share. The company's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is presently 33.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CBOE shares. Oppenheimer upped their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Bank of America restated a "neutral" rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. UBS Group upped their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price target for the company from $256.00 to $215.00 in a report on Wednesday, May 14th. Finally, Cowen restated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $221.58.

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.