Wealthfront Advisers LLC Has $10.17 Million Stake in Cboe Global Markets, Inc. $CBOE

Wealthfront Advisers LLC boosted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 10.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,501 shares of the company’s stock after buying an additional 3,778 shares during the quarter. Wealthfront Advisers LLC’s holdings in Cboe Global Markets were worth $10,166,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CBOE. Sound Income Strategies LLC increased its position in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the last quarter. Headlands Technologies LLC acquired a new position in Cboe Global Markets during the second quarter worth $31,000. Physician Wealth Advisors Inc. increased its position 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. Ameriflex Group Inc. increased its position in Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after buying an additional 76 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Cboe Global Markets during the third quarter worth $45,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CBOE has been the topic of several analyst reports. UBS Group reissued a “neutral” rating and set a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Loop Capital set a $293.00 price target on shares of Cboe Global Markets in a report on Thursday, April 9th. Piper Sandler upped their price target on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Finally, Barclays upped their price target on shares of Cboe Global Markets from $317.00 to $351.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $294.20.

Cboe Global Markets Stock Up 0.6%

Shares of CBOE opened at $305.60 on Thursday. The stock has a market cap of $32.41 billion, a price-to-earnings ratio of 157.53 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12 month low of $212.75 and a 12 month high of $309.87. The company has a 50-day moving average price of $293.12 and a two-hundred day moving average price of $269.59.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The firm had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Equities analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.72 per share. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the transaction, the director owned 4,761 shares in the company, valued at $1,358,598.96. This trade represents a 23.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director directly owned 12,921 shares of the company’s stock, valued at approximately $3,693,726.27. The trade was a 23.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,695 shares of company stock worth $1,628,981 over the last quarter. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.