CreativeOne Wealth LLC Trims Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

CreativeOne Wealth LLC reduced its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 67.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,856 shares of the company’s stock after selling 3,844 shares during the period. CreativeOne Wealth LLC’s holdings in Cboe Global Markets were worth $331,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CBOE. NBC Securities Inc. purchased a new stake in Cboe Global Markets in the 3rd quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in Cboe Global Markets during the fourth quarter valued at approximately $30,000. Allworth Financial LP boosted its position in Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the period. ORG Partners LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter worth about $31,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth about $33,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Shares of BATS:CBOE traded up $2.17 during trading hours on Friday, hitting $182.58. The stock had a trading volume of 383,707 shares, compared to its average volume of 636,231. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The stock’s fifty day simple moving average is $180.85 and its 200 day simple moving average is $181.43. The firm has a market capitalization of $19.36 billion, a price-to-earnings ratio of 94.12 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.90 earnings per share. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.20%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Analysts Set New Price Targets

CBOE has been the subject of several recent research reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 target price on shares of Cboe Global Markets in a research report on Monday, May 6th. Rosenblatt Securities raised their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Barclays lifted their price target on shares of Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Finally, Bank of America lifted their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $191.00.

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Company Profile

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.