Steward Partners Investment Advisory LLC Increases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Steward Partners Investment Advisory LLC grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,464 shares of the company’s stock after buying an additional 67 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Cboe Global Markets were worth $872,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after buying an additional 24,177 shares in the last quarter. Oak Harvest Investment Services acquired a new stake in shares of Cboe Global Markets during the fourth quarter valued at $977,000. Mirae Asset Global Investments Co. Ltd. boosted its stake 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. Brentview Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter valued at $3,278,000. Finally, Skylands Capital LLC boosted 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 last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 2.8 %

CBOE stock opened at $219.02 on Tuesday. The stock’s 50-day moving average is $203.04. The company has a market cap of $22.93 billion, a P/E ratio of 30.34, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the previous year, the company earned $2.06 earnings per share. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s payout ratio is presently 34.90%.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Bank of America raised their price target on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Finally, Barclays raised their price target on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

Insider Activity at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

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.