HighPoint Advisor Group LLC Buys 5,168 Shares of Cboe Global Markets, Inc. $CBOE

HighPoint Advisor Group LLC lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 263.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,131 shares of the company’s stock after acquiring an additional 5,168 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Cboe Global Markets were worth $1,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in Cboe Global Markets during the 2nd quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Cboe Global Markets during the second quarter worth $33,000. Physician Wealth Advisors Inc. raised its stake in Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Dakota Community Bank & Trust NA bought a new position in Cboe Global Markets during the third quarter worth $42,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Cboe Global Markets during the second quarter valued at about $46,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Up 1.5%

CBOE stock opened at $275.28 on Friday. The stock has a market cap of $28.81 billion, a P/E ratio of 38.13, a P/E/G ratio of 1.75 and a beta of 0.36. 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 stock’s fifty day simple moving average is $259.50 and its two-hundred day simple moving average is $249.33. Cboe Global Markets, Inc. has a 1-year low of $200.88 and a 1-year high of $279.33.

Cboe Global Markets Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 30.93%.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. UBS Group increased their price objective on Cboe Global Markets from $265.00 to $280.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 7th. Barclays cut their target price on Cboe Global Markets from $302.00 to $295.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Loop Capital set a $281.00 price objective on Cboe Global Markets in a research note on Wednesday, January 14th. Finally, Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $268.36.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.