Cboe Global Markets, Inc. $CBOE Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 41.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,366 shares of the company’s stock after selling 974 shares during the quarter. TD Private Client Wealth LLC’s holdings in Cboe Global Markets were worth $319,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearstead Trust LLC bought a new stake in Cboe Global Markets in the first quarter worth about $26,000. NBC Securities Inc. acquired a new stake in Cboe Global Markets during the 1st quarter worth about $27,000. Hughes Financial Services LLC acquired a new stake in Cboe Global Markets during the 1st quarter worth about $29,000. Cornerstone Planning Group LLC raised its holdings in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after buying an additional 139 shares during the period. Finally, Pandora Wealth Inc. acquired a new position in shares of Cboe Global Markets in the 1st quarter valued at about $45,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $243.52 on Monday. The stock has a fifty day moving average price of $241.45 and a two-hundred day moving average price of $229.79. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a market capitalization of $25.47 billion, a P/E ratio of 33.73, a P/E/G ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 52-week low of $187.30 and a 52-week high of $255.27.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.15 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a $0.72 dividend. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, August 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 33.76%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CBOE shares. Barclays upped their target price on Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a report on Monday, August 4th. Morgan Stanley set a $218.00 target price on Cboe Global Markets and gave the stock an “underweight” rating in a research report on Tuesday, July 15th. Oppenheimer set a $265.00 price target on Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Citigroup upped their price target on Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Finally, Piper Sandler upped their target price on Cboe Global Markets from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $231.38.

About Cboe Global Markets

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.