PDS Planning Inc Takes Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

PDS Planning Inc acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,496 shares of the company's stock, valued at approximately $338,000.

Other large investors also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in shares of Cboe Global Markets in the first quarter valued at about $27,000. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $29,000. Greenline Partners LLC acquired a new position in Cboe Global Markets during the fourth quarter valued at $29,000. Generali Asset Management SPA SGR acquired a new stake in Cboe Global Markets during the 4th quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on CBOE shares. UBS Group lifted their price target on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Barclays lifted their price target on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Morgan Stanley lowered Cboe Global Markets from an "overweight" rating to an "underweight" rating and dropped their price objective for the company from $256.00 to $215.00 in a report on Wednesday, May 14th. Finally, Wall Street Zen raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Trading Up 1.3%

Cboe Global Markets stock traded up $2.85 during mid-day trading on Friday, hitting $229.00. The company's stock had a trading volume of 741,187 shares, compared to its average volume of 870,763. Cboe Global Markets, Inc. has a 1 year low of $166.88 and a 1 year high of $236.02. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $23.98 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The stock's fifty day moving average is $224.45 and its two-hundred day moving average is $212.75.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating 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%. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.15 earnings per share. On average, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm 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 1.10%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is 33.03%.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the transaction, the executive vice president now directly owns 2,183 shares of the company's stock, valued at approximately $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

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.