Wealthfront Advisers LLC Grows Position in Cboe Global Markets, Inc. $CBOE

Wealthfront Advisers LLC raised its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,723 shares of the company’s stock after acquiring an additional 3,196 shares during the period. Wealthfront Advisers LLC’s holdings in Cboe Global Markets were worth $9,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CBOE. Headlands Technologies LLC purchased a new position in shares of Cboe Global Markets in the second quarter valued at $31,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets in the 2nd quarter worth $33,000. Physician Wealth Advisors Inc. increased its holdings in shares of Cboe Global Markets by 70.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Dakota Community Bank & Trust NA bought a new stake in shares of Cboe Global Markets in the 3rd quarter worth about $42,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Cboe Global Markets during the 3rd quarter valued at about $51,000. 82.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Keefe, Bruyette & Woods lifted their price target on Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. Citigroup boosted their target price on Cboe Global Markets from $260.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday. Finally, Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $268.64 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock’s fifty day moving average is $261.00 and its two-hundred day moving average is $250.28. Cboe Global Markets, Inc. has a 52 week low of $200.88 and a 52 week high of $283.13. The company has a market capitalization of $28.11 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.95 by $0.11. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.10 earnings per share. As a group, analysts expect 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 dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.72 per share. The ex-dividend date was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 27.64%.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.