Benjamin Edwards Inc. Buys 2,374 Shares of Cboe Global Markets, Inc. $CBOE

Benjamin Edwards Inc. boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,249 shares of the company’s stock after purchasing an additional 2,374 shares during the quarter. Benjamin Edwards Inc.’s holdings in Cboe Global Markets were worth $7,912,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CBOE. IHT Wealth Management LLC grew its stake in Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in Cboe Global Markets by 3.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock valued at $294,000 after purchasing an additional 45 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in shares of Cboe Global Markets by 3.2% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after purchasing an additional 46 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Cboe Global Markets by 9.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock worth $129,000 after purchasing an additional 49 shares during the period. Finally, Brown Advisory Inc. increased its holdings in shares of Cboe Global Markets by 3.9% in the second quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock worth $350,000 after purchasing an additional 56 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $260.54 on Friday. The firm has a market capitalization of $27.26 billion, a PE ratio of 36.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $262.98. The business’s 50-day moving average price is $253.88 and its 200-day moving average price is $244.25.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same period last year, the company earned $2.22 earnings per share. The business’s revenue was up 13.8% compared to the same quarter last year. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 112.0%. Cboe Global Markets’s dividend payout ratio is 30.93%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Morgan Stanley lifted their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. Loop Capital set a $295.00 price target on Cboe Global Markets in a research report on Thursday. UBS Group boosted their price objective on Cboe Global Markets from $265.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday. Citigroup upped their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Finally, Barclays dropped their target price on shares of Cboe Global Markets from $302.00 to $295.00 and set an “overweight” rating for the company in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $268.00.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.