Savvy Advisors Inc. Has $379,000 Stock Holdings in Cboe Global Markets, Inc. $CBOE

Savvy Advisors Inc. boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 15.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,624 shares of the company’s stock after purchasing an additional 221 shares during the quarter. Savvy Advisors Inc.’s holdings in Cboe Global Markets were worth $379,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Alliancebernstein L.P. grew its holdings in Cboe Global Markets by 23.1% in the first quarter. Alliancebernstein L.P. now owns 9,464,537 shares of the company’s stock worth $2,141,730,000 after purchasing an additional 1,779,048 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Cboe Global Markets by 1.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 4,069,233 shares of the company’s stock worth $920,827,000 after purchasing an additional 54,054 shares during the period. Invesco Ltd. grew its holdings in Cboe Global Markets by 15.6% in the first quarter. Invesco Ltd. now owns 1,357,792 shares of the company’s stock worth $307,255,000 after purchasing an additional 182,725 shares during the period. Northern Trust Corp grew its holdings in Cboe Global Markets by 6.1% in the first quarter. Northern Trust Corp now owns 1,319,236 shares of the company’s stock worth $298,530,000 after purchasing an additional 76,346 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Cboe Global Markets by 400.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company’s stock worth $241,580,000 after purchasing an additional 854,325 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of research reports. Barclays raised their price target 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. Citigroup lifted 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. Loop Capital set a $264.00 price objective on shares of Cboe Global Markets in a report on Wednesday, October 8th. Royal Bank Of Canada reiterated 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, UBS Group reiterated 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. Two research 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’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $235.46.

Cboe Global Markets Stock Up 3.9%

Cboe Global Markets stock opened at $246.10 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $255.27. The stock has a market cap of $25.74 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The firm’s 50-day simple moving average is $238.33 and its 200 day simple moving average is $233.94. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the firm earned $2.22 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

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

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.