OneDigital Investment Advisors LLC Acquires Shares of 1,173 Cboe Global Markets, Inc. (NASDAQ:CBOE)

OneDigital Investment Advisors LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,173 shares of the company’s stock, valued at approximately $265,000.

Several other large investors also recently bought and sold shares of CBOE. Alliancebernstein L.P. grew its position in Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after acquiring an additional 5,193,339 shares in the last quarter. Norges Bank bought a new stake in shares of Cboe Global Markets in the fourth quarter worth $269,524,000. GAMMA Investing LLC increased its stake in shares of Cboe Global Markets by 29,094.5% in the first quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company’s stock worth $275,290,000 after buying an additional 1,212,368 shares during the last quarter. Perpetual Ltd bought a new stake in shares of Cboe Global Markets in the first quarter worth $66,981,000. Finally, First Trust Advisors LP increased its stake in shares of Cboe Global Markets by 756.0% in the fourth quarter. First Trust Advisors LP now owns 298,450 shares of the company’s stock worth $58,317,000 after buying an additional 263,585 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president owned 2,183 shares of the company’s stock, valued at approximately $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $235.01 on Friday. Cboe Global Markets, Inc. has a 1 year low of $169.09 and a 1 year high of $237.27. The company has a market cap of $24.61 billion, a price-to-earnings ratio of 32.55, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a fifty day moving average of $227.73 and a 200-day moving average of $215.30.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly 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%. During the same quarter in the prior year, the business earned $2.15 earnings per share. The company’s quarterly revenue was up 12.6% on a year-over-year basis. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Friday, May 30th. Cboe Global Markets’s dividend payout ratio (DPR) is 33.03%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CBOE shares. Barclays dropped their price target on shares of Cboe Global Markets from $245.00 to $243.00 and set an “equal weight” rating for the company in a research note on Thursday. Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Oppenheimer lifted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a research note on Monday, May 5th. Morgan Stanley lowered shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and dropped their price target for the stock from $256.00 to $215.00 in a research note on Wednesday, May 14th. Finally, UBS Group lifted their price objective on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $221.58.

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.