apricus wealth LLC lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 56.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,713 shares of the company’s stock after acquiring an additional 620 shares during the quarter. apricus wealth LLC’s holdings in Cboe Global Markets were worth $388,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Forge First Asset Management Inc. acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $8,461,000. Skylands Capital LLC increased its stake in shares of Cboe Global Markets by 88.9% during the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company’s stock valued at $1,661,000 after acquiring an additional 4,000 shares during the period. Amundi increased its stake in shares of Cboe Global Markets by 27.2% during the fourth quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after acquiring an additional 189,280 shares during the period. Stack Financial Management Inc acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $21,290,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $59,206,000. Institutional investors and hedge funds own 82.67% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently commented on CBOE. 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. Oppenheimer lifted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th. Cowen restated a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Bank of America restated a “neutral” rating and issued a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Finally, Barclays lifted their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, May 2nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target 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 transaction of $815,234.84. Following the completion of the sale, the executive vice president now owns 2,183 shares of the company’s stock, valued at $494,624.14. This trade represents a 62.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.22% of the company’s stock.
Cboe Global Markets Trading Up 0.8%
NASDAQ CBOE opened at $222.87 on Thursday. Cboe Global Markets, Inc. has a twelve month low of $166.13 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. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 1.75 and a beta of 0.43. The firm’s 50 day moving average price is $220.83 and its two-hundred day moving average price is $211.36.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping 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%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 EPS. Equities 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 announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Friday, May 30th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.03%.
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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