Perigon Wealth Management LLC Takes Position in Cboe Global Markets, Inc. (BATS:CBOE)

Perigon Wealth Management LLC acquired a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,375 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CBOE. Private Advisor Group LLC increased its position in Cboe Global Markets by 36.0% in the first quarter. Private Advisor Group LLC now owns 3,099 shares of the company’s stock worth $355,000 after purchasing an additional 820 shares during the last quarter. MetLife Investment Management LLC increased its position in Cboe Global Markets by 23.1% in the first quarter. MetLife Investment Management LLC now owns 29,009 shares of the company’s stock worth $3,319,000 after purchasing an additional 5,448 shares during the last quarter. Panagora Asset Management Inc. increased its position in Cboe Global Markets by 0.9% in the first quarter. Panagora Asset Management Inc. now owns 11,869 shares of the company’s stock worth $1,358,000 after purchasing an additional 110 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Cboe Global Markets by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,269 shares of the company’s stock worth $1,633,000 after purchasing an additional 883 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Cboe Global Markets by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 553,273 shares of the company’s stock worth $63,307,000 after purchasing an additional 22,032 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Up 0.0 %

Shares of CBOE opened at $176.72 on Thursday. The firm has a market capitalization of $18.74 billion, a P/E ratio of 91.09 and a beta of 0.61. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average price of $184.53 and a 200-day moving average price of $178.07.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.80 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.24%. Cboe Global Markets’s payout ratio is currently 98.97%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Rosenblatt Securities boosted their price target on shares of Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays lifted their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Finally, Oppenheimer lifted their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $187.36.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 8,314 shares of Cboe Global Markets stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the completion of the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,231,323.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.51% of the stock is currently owned by corporate insiders.

Cboe Global Markets Company 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.