Mariner Wealth Advisors LLC lowered its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 44.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,058 shares of the financial services provider’s stock after selling 24,486 shares during the period. Mariner Wealth Advisors LLC’s holdings in Cboe Global Markets were worth $3,870,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. SeaCrest Wealth Management LLC purchased a new position in Cboe Global Markets in the fourth quarter worth $143,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Cboe Global Markets by 240.0% in the fourth quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,360 shares of the financial services provider’s stock worth $169,000 after purchasing an additional 960 shares during the last quarter. IBM Retirement Fund purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $204,000. Advisor Partners LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $228,000. Finally, Conning Inc. purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $222,000. 83.31% of the stock is currently owned by institutional investors and hedge funds.
Shares of Cboe Global Markets Inc (CBOE) opened at $111.45 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.57 and a current ratio of 1.31. Cboe Global Markets Inc has a one year low of $77.33 and a one year high of $138.54. The stock has a market capitalization of $12,644.87, a price-to-earnings ratio of 31.39, a P/E/G ratio of 1.37 and a beta of 0.46.
Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The company had revenue of $265.60 million for the quarter, compared to the consensus estimate of $267.25 million. During the same quarter in the previous year, the firm posted $0.63 earnings per share. The business’s revenue for the quarter was up 85.7% compared to the same quarter last year. research analysts anticipate that Cboe Global Markets Inc will post 4.63 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, March 2nd will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.97%. Cboe Global Markets’s payout ratio is 30.42%.
In related news, Director Frank E. Jr. English sold 300 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $123.80, for a total transaction of $37,140.00. Following the sale, the director now directly owns 4,214 shares in the company, valued at approximately $521,693.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Christopher A. Isaacson sold 7,019 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $124.42, for a total value of $873,303.98. Following the sale, the vice president now owns 90,229 shares in the company, valued at $11,226,292.18. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,989 shares of company stock worth $1,622,840. 1.86% of the stock is currently owned by corporate insiders.
A number of research analysts have recently commented on CBOE shares. Rosenblatt Securities raised Cboe Global Markets from a “neutral” rating to a “buy” rating in a research report on Monday, February 12th. Deutsche Bank raised Cboe Global Markets from a “hold” rating to a “buy” rating and dropped their price target for the company from $137.00 to $120.00 in a research report on Monday, February 12th. BidaskClub cut Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 20th. Bank of America dropped their price target on Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, February 12th. Finally, UBS Group reaffirmed a “buy” rating and set a $120.00 price target (down previously from $136.00) on shares of Cboe Global Markets in a research report on Tuesday, February 13th. Eight equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $118.64.
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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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