Signaturefd LLC Sells 358 Shares of Cboe Global Markets, Inc. $CBOE

Signaturefd LLC decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 25.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,026 shares of the company’s stock after selling 358 shares during the period. Signaturefd LLC’s holdings in Cboe Global Markets were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CBOE. Brighton Jones LLC raised its stake in 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 in the last quarter. Versant Capital Management Inc raised its stake in Cboe Global Markets by 221.2% in the first quarter. Versant Capital Management Inc now owns 212 shares of the company’s stock worth $48,000 after buying an additional 146 shares in the last quarter. NBC Securities Inc. bought a new position in Cboe Global Markets in the first quarter worth approximately $27,000. Merit Financial Group LLC bought a new position in Cboe Global Markets in the first quarter worth approximately $426,000. Finally, Vest Financial LLC bought a new position in Cboe Global Markets in the first quarter worth approximately $3,714,000. Institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CBOE. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Morgan Stanley reaffirmed an “underweight” rating and issued a $221.00 price target on shares of Cboe Global Markets in a report on Wednesday. UBS Group reaffirmed a “neutral” rating and issued a $255.00 price target (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Oppenheimer set a $265.00 price target on shares of Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Citigroup lifted their price target on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $234.23.

Cboe Global Markets Price Performance

Shares of CBOE opened at $241.49 on Friday. The firm has a market capitalization of $25.26 billion, a PE ratio of 33.45, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46. 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, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27. The company’s fifty day moving average price is $241.68 and its 200-day moving average price is $230.38.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s dividend payout ratio is presently 33.76%.

About Cboe Global Markets

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.