NBC Securities Inc. Purchases Shares of 123 Cboe Global Markets, Inc. (NASDAQ:CBOE)

NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 123 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors have also added to or reduced their stakes in the company. New York Life Investment Management LLC lifted its position in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after purchasing an additional 48 shares during the period. Summit Financial LLC lifted its position in Cboe Global Markets by 0.4% during the 4th quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock valued at $2,131,000 after acquiring an additional 48 shares during the period. Exencial Wealth Advisors LLC lifted its position in Cboe Global Markets by 1.1% during the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after acquiring an additional 50 shares during the period. Inspire Advisors LLC lifted its position in Cboe Global Markets by 1.6% during the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock valued at $611,000 after acquiring an additional 50 shares during the period. Finally, Pinnacle Financial Partners Inc lifted its position in Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock valued at $234,000 after acquiring an additional 59 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total transaction of $815,234.84. Following the transaction, the executive vice president now owns 2,183 shares of the company’s stock, valued at $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $225.81 on Friday. The company has a 50 day moving average price of $221.56 and a 200-day moving average price of $211.51. 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 firm has a market capitalization of $23.65 billion, a PE ratio of 31.28, a P/E/G ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the business earned $2.15 earnings per share. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Friday, May 30th. Cboe Global Markets’s dividend payout ratio is currently 33.03%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Oppenheimer lifted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an “outperform” rating in a research report on Monday, May 5th. UBS Group lifted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a “neutral” rating in a research report on Monday, May 5th. Barclays lifted their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an “equal weight” rating in a research report on Friday, May 2nd. Morgan Stanley cut shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and lowered their price target for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Finally, Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $219.64.

Cboe Global Markets 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.