Corient Private Wealth LLC Grows Stake in Cboe Global Markets, Inc. $CBOE

Corient Private Wealth LLC raised its position in Cboe Global Markets, Inc. (BATS:CBOE) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 82,616 shares of the company’s stock after acquiring an additional 2,575 shares during the quarter. Corient Private Wealth LLC’s holdings in Cboe Global Markets were worth $20,739,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Kendall Capital Management raised its stake in shares of Cboe Global Markets by 0.5% during the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after buying an additional 40 shares during the last quarter. SHUTTLEWORTH & Co boosted its position in shares of Cboe Global Markets by 0.5% in the 4th quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock worth $2,093,000 after buying an additional 41 shares in the last quarter. Norinchukin Bank The grew its stake in Cboe Global Markets by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after acquiring an additional 42 shares during the last quarter. Aprio Wealth Management LLC grew its stake in Cboe Global Markets by 3.1% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after acquiring an additional 43 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings in Cboe Global Markets by 4.5% during the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Morgan Stanley lifted their target price on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. UBS Group increased their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Barclays raised their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Piper Sandler lifted their price objective on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, Argus raised Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $310.70.

Cboe Global Markets Stock Up 2.8%

CBOE opened at $255.98 on Tuesday. Cboe Global Markets, Inc. has a 12 month low of $223.54 and a 12 month high of $371.18. The business has a 50-day moving average of $313.84 and a two-hundred day moving average of $287.46. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market capitalization of $27.15 billion, a price-to-earnings ratio of 131.95 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same period in the prior year, the firm posted $2.50 EPS. The company’s revenue was up 29.0% on a year-over-year basis. On average, research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the sale, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

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.