Atria Wealth Solutions Inc. Raises Position in Cboe Global Markets, Inc. (BATS:CBOE)

Atria Wealth Solutions Inc. lifted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 200.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,515 shares of the company’s stock after purchasing an additional 3,013 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Cboe Global Markets were worth $806,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. NBC Securities Inc. purchased a new stake in Cboe Global Markets in the 3rd quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $30,000. Allworth Financial LP increased its position in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. ORG Partners LLC purchased a new position in Cboe Global Markets during the fourth quarter worth approximately $31,000. Finally, BKM Wealth Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CBOE. Oppenheimer upped their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a report on Monday, February 5th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Citigroup boosted their target price on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Bank of America raised their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, Barclays boosted 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. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $190.18.

Cboe Global Markets Price Performance

CBOE opened at $179.32 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a 50 day moving average of $182.83 and a two-hundred day moving average of $179.41. The company has a market cap of $19.02 billion, a P/E ratio of 92.43 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same period in the previous year, the company posted $1.90 earnings per share. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.23%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at $3,285,448.08. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.51% of the company’s stock.

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.