Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 22.5% during the fourth quarter, Holdings Channel reports. The fund owned 1,887 shares of the company’s stock after buying an additional 346 shares during the quarter. Summit Trail Advisors LLC’s holdings in Cboe Global Markets were worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at $36,000. TD Private Client Wealth LLC lifted its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after buying an additional 222 shares during the period. Trust Co. of Vermont boosted its stake in shares of Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after buying an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets during the third quarter worth about $158,000. Finally, USA Financial Formulas purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $182,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 1.9 %

Shares of Cboe Global Markets stock opened at $212.04 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 2.14 and a beta of 0.68. The company has a 50-day moving average of $199.40.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period in the previous year, the company posted $2.06 earnings per share. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.64 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Analyst Ratings Changes

CBOE has been the topic of several recent research reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Bank of America upped their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. Finally, Oppenheimer reduced their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $206.86.

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.