Xponance Inc. Sells 359 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Xponance Inc. lowered its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.3% in the first quarter, Holdings Channel reports. The firm owned 15,002 shares of the company’s stock after selling 359 shares during the period. Xponance Inc.’s holdings in Cboe Global Markets were worth $3,395,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in CBOE. Summit Financial LLC lifted its holdings in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock worth $2,131,000 after buying an additional 48 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Cboe Global Markets by 0.9% during the first quarter. Ritholtz Wealth Management now owns 5,592 shares of the company’s stock worth $1,265,000 after buying an additional 48 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in shares of Cboe Global Markets by 0.5% during the first quarter. Pekin Hardy Strauss Inc. now owns 10,765 shares of the company’s stock worth $2,436,000 after buying an additional 49 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after buying an additional 62 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC lifted its holdings in shares of Cboe Global Markets by 4.9% during the first quarter. Elevation Point Wealth Partners LLC now owns 1,343 shares of the company’s stock worth $304,000 after buying an additional 63 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $235.01 on Monday. The business has a fifty day simple moving average of $227.73 and a 200 day simple moving average of $215.43. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a one year low of $169.09 and a one year high of $237.27.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 last year, the company earned $2.15 earnings per share. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.07%. Cboe Global Markets’s dividend payout ratio is currently 33.03%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the transaction, the executive vice president directly owned 2,183 shares in the company, valued at $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.22% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CBOE shares. UBS Group upped their price target on Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, May 5th. Piper Sandler upped their price target on Cboe Global Markets from $234.00 to $245.00 and gave the stock an “overweight” rating in a report on Monday, May 5th. Bank of America reiterated a “neutral” rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Citigroup upped their price target on Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Finally, Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $221.58.

Cboe Global Markets Company 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.