Coppell Advisory Solutions LLC Makes New $4.91 Million Investment in Cboe Global Markets, Inc. $CBOE

Coppell Advisory Solutions LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,424 shares of the company’s stock, valued at approximately $4,906,000.

Other hedge funds also recently modified their holdings of the company. Missouri Trust & Investment Co acquired a new position in Cboe Global Markets in the 2nd quarter valued at about $26,000. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets in the second quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Cboe Global Markets during the second quarter worth approximately $33,000. Ameritas Advisory Services LLC bought a new position in shares of Cboe Global Markets during the second quarter worth approximately $46,000. Finally, Spire Wealth Management lifted its holdings in Cboe Global Markets by 61.5% during the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock worth $56,000 after purchasing an additional 91 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CBOE. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Barclays upped their price target on shares of Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a research note on Monday, November 3rd. Citigroup lifted their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Finally, Piper Sandler restated an “overweight” rating and set a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $245.15.

Cboe Global Markets Trading Up 0.8%

CBOE opened at $253.02 on Friday. The stock has a market capitalization of $26.48 billion, a price-to-earnings ratio of 35.04, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98. The company has a 50-day simple moving average of $248.61 and a 200 day simple moving average of $240.78.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the company posted $2.22 EPS. The company’s revenue was up 13.8% compared to the same quarter last year. Analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a dividend of $0.72 per share. This represents a yield of 112.0%. The ex-dividend date is Friday, November 28th. Cboe Global Markets’s payout ratio is currently 30.93%.

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.