Cboe Global Markets, Inc. $CBOE Shares Purchased by Goodman Advisory Group LLC

Goodman Advisory Group LLC boosted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 113.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 39,439 shares of the company’s stock after acquiring an additional 20,951 shares during the quarter. Cboe Global Markets accounts for about 2.4% of Goodman Advisory Group LLC’s portfolio, making the stock its 13th biggest holding. Goodman Advisory Group LLC’s holdings in Cboe Global Markets were worth $9,899,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its stake in Cboe Global Markets by 102.2% in the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 46 shares during the period. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets during the second quarter valued at approximately $31,000. Elyxium Wealth LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $33,000. Ameriflex Group Inc. raised its holdings in shares of Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after acquiring an additional 76 shares during the last quarter. Finally, MCF Advisors LLC raised its holdings in shares of Cboe Global Markets by 71.4% during the fourth quarter. MCF Advisors LLC now owns 180 shares of the company’s stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Buying and Selling

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

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Keefe, Bruyette & Woods increased their target price on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, May 4th. UBS Group increased their target price on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Erste Group Bank cut Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Loop Capital set a $382.00 target price on Cboe Global Markets in a report on Monday, May 4th. Finally, Morgan Stanley increased their target price on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $322.60.

Cboe Global Markets Stock Performance

CBOE opened at $301.08 on Thursday. The firm has a market capitalization of $31.93 billion, a PE ratio of 155.20 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $219.27 and a twelve month high of $371.18. The firm’s 50-day moving average price is $317.18 and its 200 day moving average price is $286.69. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same period in the previous year, the business posted $2.50 earnings per share. Cboe Global Markets’s quarterly revenue was up 29.0% on a year-over-year basis. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

About Cboe Global Markets

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.