Benedict Financial Advisors Inc. Purchases 23,173 Shares of Cboe Global Markets, Inc. $CBOE

Benedict Financial Advisors Inc. raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 235.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,017 shares of the company’s stock after acquiring an additional 23,173 shares during the quarter. Cboe Global Markets makes up approximately 1.8% of Benedict Financial Advisors Inc.’s holdings, making the stock its 13th biggest position. Benedict Financial Advisors Inc.’s holdings in Cboe Global Markets were worth $7,700,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CBOE. Brighton Jones LLC boosted its holdings 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 during the last quarter. PNC Financial Services Group Inc. lifted its position in Cboe Global Markets by 2.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,280 shares of the company’s stock worth $3,458,000 after buying an additional 392 shares in the last quarter. Argent Trust Co boosted its stake in shares of Cboe Global Markets by 1.3% during the 1st quarter. Argent Trust Co now owns 4,927 shares of the company’s stock worth $1,115,000 after buying an additional 61 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of Cboe Global Markets by 3.1% in the 1st quarter. Blair William & Co. IL now owns 60,571 shares of the company’s stock valued at $13,707,000 after acquiring an additional 1,833 shares in the last quarter. Finally, Clearstead Trust LLC bought a new position in shares of Cboe Global Markets in the 1st quarter valued at about $26,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Loop Capital set a $287.00 price objective on Cboe Global Markets in a research note on Monday, November 3rd. UBS Group raised their target price on shares of Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Piper Sandler restated an “overweight” rating and set a $290.00 target price on shares of Cboe Global Markets in a report on Monday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $243.38.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $254.35 on Wednesday. Cboe Global Markets, Inc. has a one year low of $187.30 and a one year high of $262.98. The company has a market cap of $26.62 billion, a P/E ratio of 35.23, a P/E/G ratio of 1.75 and a beta of 0.42. The firm’s fifty day moving average price is $247.09 and its two-hundred day moving average price is $239.52. 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 posted its earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 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 previous year, the firm posted $2.22 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Equities 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 announced a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.72 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a dividend yield of 112.0%. Cboe Global Markets’s dividend payout ratio is presently 30.93%.

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.