Portfolio Design Labs LLC Has $792,000 Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Portfolio Design Labs LLC lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,054 shares of the company’s stock after purchasing an additional 127 shares during the period. Portfolio Design Labs LLC’s holdings in Cboe Global Markets were worth $792,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CBOE. Axecap Investments LLC raised its holdings in Cboe Global Markets by 42.4% during the fourth quarter. Axecap Investments LLC now owns 6,467 shares of the company’s stock valued at $1,264,000 after buying an additional 1,924 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Cboe Global Markets by 22.5% during the 4th quarter. Summit Trail Advisors LLC now owns 1,887 shares of the company’s stock valued at $369,000 after acquiring an additional 346 shares during the last quarter. Savant Capital LLC increased its holdings in shares of Cboe Global Markets by 15.5% during the 4th quarter. Savant Capital LLC now owns 2,044 shares of the company’s stock valued at $399,000 after acquiring an additional 275 shares during the last quarter. Entropy Technologies LP raised its stake in shares of Cboe Global Markets by 13.9% in the 4th quarter. Entropy Technologies LP now owns 10,684 shares of the company’s stock valued at $2,088,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in Cboe Global Markets in the 4th quarter worth approximately $238,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $208.00 on Wednesday. The stock has a fifty day moving average of $199.40. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $21.77 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the firm posted $2.06 earnings per share. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.21%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CBOE. William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Jefferies Financial Group lowered their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Keefe, Bruyette & Woods dropped their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Barclays upped their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a report on Monday. Finally, The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research note on Monday, January 6th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $206.86.

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.