Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 14.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,888 shares of the company's stock after selling 3,257 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Cboe Global Markets were worth $3,886,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in shares of Cboe Global Markets by 10.1% in the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock valued at $213,000 after buying an additional 100 shares during the period. One Wealth Advisors LLC lifted its position in Cboe Global Markets by 5.7% in the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company's stock valued at $217,000 after buying an additional 60 shares during the last quarter. abrdn plc boosted its stake in Cboe Global Markets by 341.2% during the fourth quarter. abrdn plc now owns 190,017 shares of the company's stock worth $37,145,000 after buying an additional 146,945 shares during the period. E. Ohman J or Asset Management AB increased its position in shares of Cboe Global Markets by 4,157.6% during the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company's stock valued at $30,407,000 after acquiring an additional 151,961 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after acquiring an additional 6,943 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. UBS Group boosted their target price 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. Bank of America restated a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Loop Capital set a $227.00 target price on Cboe Global Markets in a research report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Piper Sandler raised their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Stock Down 0.4%

Shares of NASDAQ:CBOE traded down $0.99 during trading hours on Thursday, reaching $222.75. The stock had a trading volume of 977,748 shares, compared to its average volume of 903,766. The stock has a market capitalization of $23.32 billion, a price-to-earnings ratio of 30.85, a P/E/G ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm's 50 day moving average is $220.98 and its 200-day moving average is $210.91. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the business posted $2.15 EPS. Cboe Global Markets's revenue was up 12.6% on a year-over-year basis. Research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.13%. Cboe Global Markets's dividend payout ratio is presently 33.03%.

Insiders Place Their Bets

In other news, EVP Catherine R. Clay sold 3,598 shares of the 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 now directly owns 2,183 shares of the company's stock, valued at approximately $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

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.