Cboe Global Markets, Inc. $CBOE Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,406 shares of the company’s stock after selling 944 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Cboe Global Markets were worth $3,126,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Ritholtz Wealth Management increased its position in shares of Cboe Global Markets by 0.9% in the 1st quarter. Ritholtz Wealth Management now owns 5,592 shares of the company’s stock worth $1,265,000 after purchasing an additional 48 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Cboe Global Markets by 1.3% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,864 shares of the company’s stock worth $874,000 after acquiring an additional 48 shares during the period. Pekin Hardy Strauss Inc. lifted its stake in Cboe Global Markets by 0.5% during the first quarter. Pekin Hardy Strauss Inc. now owns 10,765 shares of the company’s stock valued at $2,436,000 after purchasing an additional 49 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Cboe Global Markets by 9.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock valued at $129,000 after purchasing an additional 49 shares during the last quarter. Finally, Burney Co. raised its holdings in shares of Cboe Global Markets by 0.7% during the first quarter. Burney Co. now owns 6,942 shares of the company’s stock valued at $1,571,000 after acquiring an additional 51 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Trading Up 0.1%

Shares of Cboe Global Markets stock opened at $241.26 on Thursday. Cboe Global Markets, Inc. has a 1 year low of $187.30 and a 1 year high of $255.27. The firm has a market cap of $25.23 billion, a PE ratio of 33.42, a P/E/G ratio of 1.75 and a beta of 0.44. The stock has a fifty day moving average price of $241.46 and a 200-day moving average price of $230.98. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.15 earnings per share. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

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

Analysts Set New Price Targets

Several research firms have commented on CBOE. Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a research report on Monday, August 4th. Morgan Stanley reiterated an “underweight” rating and set a $221.00 target price on shares of Cboe Global Markets in a research report on Wednesday, October 1st. Oppenheimer set a $265.00 price objective on shares of Cboe Global Markets and gave the company an “outperform” rating in a research report on Monday, August 4th. Barclays raised their target price on shares of Cboe Global Markets from $256.00 to $264.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Citigroup lifted their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $235.08.

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.