Mariner Wealth Advisors LLC trimmed its stake in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 44.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,058 shares of the financial services provider’s stock after selling 24,486 shares during the quarter. Mariner Wealth Advisors LLC’s holdings in Cboe Global Markets were worth $3,870,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $143,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Cboe Global Markets by 240.0% during the 4th quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,360 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 960 shares during the period. IBM Retirement Fund bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $204,000. Advisor Partners LLC bought a new position in Cboe Global Markets in the 4th quarter worth about $228,000. Finally, Conning Inc. bought a new position in Cboe Global Markets in the 4th quarter worth about $222,000. Institutional investors own 83.31% of the company’s stock.
A number of equities analysts have weighed in on CBOE shares. Deutsche Bank upped their target price on Cboe Global Markets from $106.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Wells Fargo & Co upped their target price on Cboe Global Markets from $4.75 to $138.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. BidaskClub upgraded Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $130.00 target price on shares of Cboe Global Markets in a research note on Friday, December 22nd. Finally, UBS Group restated a “buy” rating and issued a $120.00 target price (down from $136.00) on shares of Cboe Global Markets in a research note on Tuesday, February 13th. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $118.64.
In related news, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $126.28, for a total transaction of $631,400.00. Following the completion of the sale, the chairman now directly owns 70,611 shares in the company, valued at approximately $8,916,757.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christopher Mitchell sold 670 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total value of $80,996.30. Following the sale, the director now owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The disclosure for this sale can be found here. Insiders have sold a total of 12,989 shares of company stock valued at $1,622,840 over the last 90 days. 1.86% of the stock is currently owned by company insiders.
Shares of Cboe Global Markets Inc (CBOE) opened at $111.45 on Tuesday. The firm has a market capitalization of $12,644.87, a PE ratio of 31.39, a P/E/G ratio of 1.37 and a beta of 0.46. Cboe Global Markets Inc has a fifty-two week low of $77.33 and a fifty-two week high of $138.54. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40.
Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.01). The company had revenue of $265.60 million for the quarter, compared to analysts’ expectations of $267.25 million. Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The company’s revenue was up 85.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. equities analysts predict that Cboe Global Markets Inc will post 4.63 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, March 2nd will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 1st. Cboe Global Markets’s dividend payout ratio is presently 30.42%.
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Cboe Global Markets Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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