1,240 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Bought by Redwood Financial Network Corp

Redwood Financial Network Corp purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,240 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the 4th quarter worth about $29,000. Greenline Partners LLC purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $29,000. Kestra Investment Management LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $31,000. Sugar Maple Asset Management LLC purchased a new position in Cboe Global Markets in the fourth quarter worth $36,000. Finally, Generali Asset Management SPA SGR purchased a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $37,000. Institutional investors own 82.67% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. The trade was a 9.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. The trade was a 47.90% decrease in their position. The disclosure for this sale can be found here. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Trading Down 3.2%

Shares of CBOE opened at $213.41 on Thursday. The company’s fifty day moving average is $217.72. The stock has a market cap of $22.35 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $236.02.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the previous year, the firm earned $2.15 earnings per share. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is 33.03%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CBOE shares. Bank of America reissued a “neutral” rating and issued a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Oppenheimer upped their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a report on Monday, May 5th. Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a report on Monday, May 5th. Morgan Stanley downgraded Cboe Global Markets from an “overweight” rating to an “underweight” rating and cut their price target for the stock from $256.00 to $215.00 in a research note on Wednesday. Finally, UBS Group boosted their target price on Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $219.64.

Cboe Global Markets Profile

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.