Diversify Wealth Management LLC Sells 11,257 Shares of Cboe Global Markets, Inc. $CBOE

Diversify Wealth Management LLC trimmed its position in Cboe Global Markets, Inc. (BATS:CBOE) by 91.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,005 shares of the company’s stock after selling 11,257 shares during the period. Diversify Wealth Management LLC’s holdings in Cboe Global Markets were worth $268,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Generali Asset Management SPA SGR boosted its position in Cboe Global Markets by 151.7% in the 4th quarter. Generali Asset Management SPA SGR now owns 12,007 shares of the company’s stock valued at $3,014,000 after buying an additional 7,236 shares during the last quarter. MGO One Seven LLC boosted its position in Cboe Global Markets by 12.5% in the 4th quarter. MGO One Seven LLC now owns 2,830 shares of the company’s stock valued at $710,000 after buying an additional 315 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Cboe Global Markets by 30.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 1,155 shares of the company’s stock worth $290,000 after purchasing an additional 271 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Cboe Global Markets by 152.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 6,192 shares of the company’s stock worth $1,554,000 after purchasing an additional 3,739 shares during the last quarter. Finally, Gateway Investment Advisers LLC boosted its position in shares of Cboe Global Markets by 542.0% in the 4th quarter. Gateway Investment Advisers LLC now owns 5,354 shares of the company’s stock worth $1,344,000 after purchasing an additional 4,520 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on CBOE. UBS Group raised their price target on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Barclays lifted their target price on Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Loop Capital set a $382.00 target price on Cboe Global Markets in a report on Monday, May 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $303.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $322.60.

Cboe Global Markets Stock Performance

CBOE opened at $350.48 on Tuesday. The business’s 50-day moving average price is $298.84 and its two-hundred day moving average price is $274.02. Cboe Global Markets, Inc. has a 1 year low of $212.75 and a 1 year high of $350.48. The company has a market capitalization of $37.17 billion, a price-to-earnings ratio of 180.66 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. During the same quarter last year, the business posted $2.50 EPS. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. Equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 annualized dividend and a dividend yield of 0.8%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at approximately $120,043.90. The trade was a 37.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 18th. The shares were 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 represents a 23.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 5,695 shares of company stock valued at $1,628,981 in the last 90 days. 0.51% of the stock is currently owned by company insiders.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.