Cboe Global Markets, Inc. $CBOE Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 23.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,859 shares of the company’s stock after selling 26,047 shares during the quarter. Cboe Global Markets accounts for about 1.2% of Cidel Asset Management Inc.’s holdings, making the stock its 28th largest holding. Cidel Asset Management Inc. owned 0.08% of Cboe Global Markets worth $20,321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the second quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC purchased a new position in Cboe Global Markets in the second quarter worth approximately $33,000. Physician Wealth Advisors Inc. increased its position in shares of Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares during the last quarter. Dakota Community Bank & Trust NA acquired a new stake in shares of Cboe Global Markets during the third quarter valued at about $42,000. Finally, Assetmark Inc. raised its position in Cboe Global Markets by 195.4% in the third quarter. Assetmark Inc. now owns 192 shares of the company’s stock valued at $47,000 after purchasing an additional 127 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Trading Up 1.7%

Shares of CBOE opened at $275.11 on Friday. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $283.13. The firm has a market capitalization of $28.79 billion, a P/E ratio of 38.10, a PEG ratio of 1.75 and a beta of 0.36. The firm’s 50-day moving average is $261.76 and its two-hundred day moving average is $250.73. 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 (NASDAQ:CBOE) last posted its earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping 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%.The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.10 EPS. On average, research 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 business also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 27.64%.

Analysts Set New Price Targets

CBOE has been the topic of several research reports. Morgan Stanley increased their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $279.00.

About Cboe Global Markets

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.