Winnow Wealth LLC Buys Shares of 4,884 Cboe Global Markets, Inc. $CBOE

Winnow Wealth LLC purchased a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the third quarter, HoldingsChannel reports. The institutional investor purchased 4,884 shares of the company’s stock, valued at approximately $1,201,000. Cboe Global Markets accounts for 0.9% of Winnow Wealth LLC’s holdings, making the stock its 20th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Headlands Technologies LLC purchased a new position in shares of Cboe Global Markets in the second quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Cboe Global Markets during the second quarter valued at approximately $33,000. Dakota Community Bank & Trust NA bought a new position in Cboe Global Markets in the third quarter worth approximately $42,000. Ameritas Advisory Services LLC purchased a new position in shares of Cboe Global Markets during the 2nd quarter worth $46,000. Finally, Root Financial Partners LLC purchased a new position in shares of Cboe Global Markets during the 3rd quarter worth $51,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CBOE shares. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Citigroup upped their price target on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Morgan Stanley lifted their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday, December 22nd. Finally, Piper Sandler increased their target price on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $268.36.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $265.06 on Friday. The business’s 50-day simple moving average is $258.46 and its two-hundred day simple moving average is $248.41. Cboe Global Markets, Inc. has a 52 week low of $200.88 and a 52 week high of $279.33. The stock has a market cap of $27.74 billion, a PE ratio of 36.71, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same period last year, the business earned $2.22 earnings per share. The business’s quarterly revenue was up 13.8% on a year-over-year basis. As a group, 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 declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is presently 30.93%.

About Cboe Global Markets

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.