Riverview Trust Co Has $28,000 Stock Holdings in Cboe Global Markets, Inc. $CBOE

Riverview Trust Co decreased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 49.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120 shares of the company’s stock after selling 117 shares during the period. Riverview Trust Co’s holdings in Cboe Global Markets were worth $28,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Missouri Trust & Investment Co bought a new position in shares of Cboe Global Markets in the second quarter valued at about $26,000. Clearstead Trust LLC acquired a new stake in Cboe Global Markets in the 1st quarter valued at about $26,000. NBC Securities Inc. bought a new stake in shares of Cboe Global Markets during the first quarter valued at approximately $27,000. Hughes Financial Services LLC bought a new stake in shares of Cboe Global Markets during the first quarter valued at approximately $29,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Cboe Global Markets by 4,633.3% during the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock valued at $30,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $241.77 on Thursday. Cboe Global Markets, Inc. has a 12-month low of $187.30 and a 12-month high of $255.27. The firm has a market capitalization of $25.29 billion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $241.76 and a 200-day moving average of $230.20.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 EPS. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a dividend of $0.72 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s payout ratio is 33.76%.

Analyst Ratings Changes

CBOE has been the topic of several recent research reports. Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research note on Monday, August 4th. Citigroup increased their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. UBS Group reiterated a “neutral” rating and set a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 price objective on shares of Cboe Global Markets in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $231.62.

About Cboe Global Markets

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.