J.W. Cole Advisors Inc. Purchases Shares of 1,027 Cboe Global Markets, Inc. (NASDAQ:CBOE)

J.W. Cole Advisors Inc. purchased a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,027 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. MOKAN Wealth Management Inc. purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $1,642,000. Principal Securities Inc. lifted its stake in shares of Cboe Global Markets by 28.7% during the fourth quarter. Principal Securities Inc. now owns 2,581 shares of the company’s stock valued at $504,000 after buying an additional 576 shares during the period. Manchester Capital Management LLC lifted its stake in shares of Cboe Global Markets by 5.8% during the fourth quarter. Manchester Capital Management LLC now owns 6,295 shares of the company’s stock valued at $1,230,000 after buying an additional 347 shares during the period. Rhumbline Advisers lifted its stake in shares of Cboe Global Markets by 0.3% during the fourth quarter. Rhumbline Advisers now owns 211,184 shares of the company’s stock valued at $41,265,000 after buying an additional 618 shares during the period. Finally, V Square Quantitative Management LLC lifted its stake in shares of Cboe Global Markets by 14.3% during the fourth quarter. V Square Quantitative Management LLC now owns 5,073 shares of the company’s stock valued at $991,000 after buying an additional 633 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 1.0 %

Cboe Global Markets stock opened at $210.93 on Friday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The stock has a fifty day simple moving average of $199.97. The firm has a market capitalization of $22.08 billion, a price-to-earnings ratio of 29.21, a P/E/G ratio of 1.76 and a beta of 0.68. 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 (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) 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 last year, the business posted $2.06 earnings per share. On average, research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

Insider Buying and Selling

In related news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,316 shares of company stock valued at $2,332,393 in the last quarter. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CBOE shares. Oppenheimer reduced their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group dropped their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. William Blair began coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. Finally, Bank of America upped their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Company 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.