Wealth Enhancement Advisory Services LLC Increases Holdings in Cboe Global Markets, Inc. $CBOE

Wealth Enhancement Advisory Services LLC boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,730 shares of the company’s stock after purchasing an additional 276 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Cboe Global Markets were worth $1,326,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CBOE. Brighton Jones LLC boosted its position in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after purchasing an additional 100 shares in the last quarter. Versant Capital Management Inc grew its stake in Cboe Global Markets by 221.2% in the 1st quarter. Versant Capital Management Inc now owns 212 shares of the company’s stock valued at $48,000 after acquiring an additional 146 shares during the last quarter. Rhumbline Advisers grew its stake in Cboe Global Markets by 6.5% in the 1st quarter. Rhumbline Advisers now owns 224,820 shares of the company’s stock valued at $50,874,000 after acquiring an additional 13,636 shares during the last quarter. Czech National Bank lifted its holdings in shares of Cboe Global Markets by 5.9% in the first quarter. Czech National Bank now owns 24,044 shares of the company’s stock valued at $5,441,000 after purchasing an additional 1,346 shares in the last quarter. Finally, American National Bank & Trust purchased a new stake in shares of Cboe Global Markets in the first quarter valued at about $71,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $245.25 on Wednesday. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $255.27. The stock’s 50-day moving average is $241.74 and its 200-day moving average is $230.12. 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 company has a market cap of $25.65 billion, a price-to-earnings ratio of 33.97, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business earned $2.15 EPS. Cboe Global Markets’s revenue was up 14.3% on a year-over-year basis. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.2%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s dividend payout ratio is 33.76%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CBOE. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $254.00 target price on shares of Cboe Global Markets in a research note on Monday, August 4th. Morgan Stanley set a $218.00 price objective on Cboe Global Markets and gave the company an “underweight” rating in a research report on Tuesday, July 15th. Citigroup upped their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Finally, UBS Group restated a “neutral” rating and issued a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Reduce” and a consensus 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.