Vest Financial LLC Has $4.62 Million Holdings in Cboe Global Markets, Inc. $CBOE

Vest Financial LLC boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 20.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,829 shares of the company’s stock after acquiring an additional 3,416 shares during the period. Vest Financial LLC’s holdings in Cboe Global Markets were worth $4,624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Missouri Trust & Investment Co acquired a new position in Cboe Global Markets during the 2nd quarter worth $26,000. Clearstead Trust LLC acquired a new position in Cboe Global Markets during the 1st quarter worth $26,000. Hughes Financial Services LLC acquired a new position in Cboe Global Markets during the 1st quarter worth $29,000. Cornerstone Planning Group LLC lifted its position in Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after acquiring an additional 139 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Cboe Global Markets during the 2nd quarter worth $46,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CBOE. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research report on Monday, August 4th. Keefe, Bruyette & Woods boosted their price objective on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a report on Monday, August 4th. Morgan Stanley restated an “underweight” rating and set a $221.00 price objective on shares of Cboe Global Markets in a report on Wednesday, October 1st. 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. Finally, Barclays boosted their price objective on shares of Cboe Global Markets from $256.00 to $264.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Reduce” and a consensus target price of $235.08.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $243.49 on Tuesday. The stock has a market cap of $25.47 billion, a P/E ratio of 33.72, a PEG ratio of 1.75 and a beta of 0.44. The company’s 50-day simple moving average is $241.25 and its 200 day simple moving average is $231.70. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. 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 posted its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The business’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share 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. Investors of record on Friday, August 29th were paid a $0.72 dividend. The ex-dividend date of this dividend was Friday, August 29th. 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 yield of 1.2%. Cboe Global Markets’s payout ratio is presently 33.76%.

Cboe Global Markets Profile

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.