Dakota Wealth Management Purchases 12,167 Shares of Cboe Global Markets, Inc. $CBOE

Dakota Wealth Management raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 32.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,968 shares of the company’s stock after purchasing an additional 12,167 shares during the quarter. Dakota Wealth Management’s holdings in Cboe Global Markets were worth $12,255,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CBOE. Brighton Jones LLC raised its holdings in shares of Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after buying an additional 100 shares during the period. Jones Financial Companies Lllp grew its position in Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after acquiring an additional 3,987 shares during the last quarter. Empowered Funds LLC increased its stake in Cboe Global Markets by 132.4% in the first quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock worth $1,087,000 after purchasing an additional 2,736 shares during the period. Woodline Partners LP lifted its position in shares of Cboe Global Markets by 40.7% during the first quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock worth $2,002,000 after purchasing an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Cboe Global Markets by 138.5% during the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after purchasing an additional 198 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the completion of the sale, the director directly owned 4,761 shares in the company, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director owned 12,921 shares of the company’s stock, valued at $3,693,726.27. The trade was a 23.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CBOE shares. Loop Capital set a $317.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. Piper Sandler raised their target price on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. UBS Group reaffirmed a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. Keefe, Bruyette & Woods increased their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. Finally, Citigroup raised their price objective on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE opened at $290.11 on Tuesday. The firm has a 50 day moving average of $265.83 and a 200 day moving average of $252.37. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $30.36 billion, a price-to-earnings ratio of 40.18, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 52 week low of $200.88 and a 52 week high of $293.58.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.Cboe Global Markets’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.10 EPS. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.72 per share. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s payout ratio is 27.64%.

Cboe Global Markets 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.