waypoint wealth counsel Sells 3,044 Shares of Cboe Global Markets, Inc. $CBOE

waypoint wealth counsel trimmed its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 37.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,138 shares of the company’s stock after selling 3,044 shares during the period. waypoint wealth counsel’s holdings in Cboe Global Markets were worth $1,290,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CBOE. Caprock Group LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $4,156,000. Andra AP fonden grew its stake in Cboe Global Markets by 7.9% in the third quarter. Andra AP fonden now owns 124,200 shares of the company’s stock valued at $30,460,000 after acquiring an additional 9,100 shares during the period. Nordea Investment Management AB grew its stake in Cboe Global Markets by 33.5% in the fourth quarter. Nordea Investment Management AB now owns 947,884 shares of the company’s stock valued at $239,625,000 after acquiring an additional 237,887 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Cboe Global Markets by 557.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $9,070,000 after acquiring an additional 31,919 shares in the last quarter. Finally, Vest Financial LLC raised its holdings in Cboe Global Markets by 25.7% during the third quarter. Vest Financial LLC now owns 24,929 shares of the company’s stock worth $6,114,000 after buying an additional 5,100 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $298.88 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business has a fifty day simple moving average of $290.70 and a two-hundred day simple moving average of $267.44. Cboe Global Markets, Inc. has a 1 year low of $209.24 and a 1 year high of $309.87. The company has a market capitalization of $31.70 billion, a P/E ratio of 153.65 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.13. The business had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. On average, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CBOE. UBS Group reiterated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. Morgan Stanley raised their target price on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a report on Friday, April 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Loop Capital set a $293.00 price objective on Cboe Global Markets in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $294.20.

Insider Activity at Cboe Global Markets

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the sale, the director owned 12,921 shares in the company, valued at $3,693,726.27. The trade was a 23.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the sale, the director directly owned 4,761 shares of the company’s stock, valued at $1,358,598.96. This trade represents a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,695 shares of company stock valued at $1,628,981 over the last three months. 0.51% of the stock is owned by corporate 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.