Cboe Global Markets, Inc. $CBOE Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,263 shares of the company’s stock after selling 50 shares during the period. Venturi Wealth Management LLC’s holdings in Cboe Global Markets were worth $761,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Shell Asset Management Co. increased its holdings in shares of Cboe Global Markets by 17.0% during the 2nd quarter. Shell Asset Management Co. now owns 35,577 shares of the company’s stock worth $8,297,000 after buying an additional 5,157 shares during the last quarter. KLP Kapitalforvaltning AS increased its holdings in shares of Cboe Global Markets by 1.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 38,600 shares of the company’s stock worth $9,002,000 after buying an additional 700 shares during the last quarter. Meitav Investment House Ltd. acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth $3,667,000. Belpointe Asset Management LLC increased its holdings in shares of Cboe Global Markets by 35.0% during the 2nd quarter. Belpointe Asset Management LLC now owns 2,017 shares of the company’s stock worth $471,000 after buying an additional 523 shares during the last quarter. Finally, Marietta Wealth Management LLC increased its holdings in shares of Cboe Global Markets by 5.8% during the 2nd quarter. Marietta Wealth Management LLC now owns 15,034 shares of the company’s stock worth $3,506,000 after buying an additional 826 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 0.2%

Shares of Cboe Global Markets stock opened at $240.77 on Friday. The business has a 50-day moving average of $241.46 and a 200-day moving average of $231.17. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market capitalization of $25.18 billion, a PE ratio of 33.35, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating 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 firm’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. As a group, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CBOE. Piper Sandler upped their price objective on Cboe Global Markets from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. UBS Group restated a “neutral” rating and set a $255.00 price objective (up from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Royal Bank Of Canada restated a “sector perform” rating and set a $254.00 price objective on shares of Cboe Global Markets in a report on Monday, August 4th. Loop Capital set a $264.00 price objective on Cboe Global Markets in a report on Wednesday. Finally, Keefe, Bruyette & Woods increased their price target on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $235.08.

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.