Portfolio Design Labs LLC Has $792,000 Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Portfolio Design Labs LLC boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,054 shares of the company’s stock after acquiring an additional 127 shares during the quarter. Portfolio Design Labs LLC’s holdings in Cboe Global Markets were worth $792,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Axecap Investments LLC boosted its holdings in Cboe Global Markets by 42.4% during the fourth quarter. Axecap Investments LLC now owns 6,467 shares of the company’s stock valued at $1,264,000 after purchasing an additional 1,924 shares in the last quarter. Summit Trail Advisors LLC lifted its position in shares of Cboe Global Markets by 22.5% during the 4th quarter. Summit Trail Advisors LLC now owns 1,887 shares of the company’s stock worth $369,000 after buying an additional 346 shares during the period. Savant Capital LLC boosted its stake in Cboe Global Markets by 15.5% in the 4th quarter. Savant Capital LLC now owns 2,044 shares of the company’s stock valued at $399,000 after buying an additional 275 shares in the last quarter. Entropy Technologies LP boosted its stake in Cboe Global Markets by 13.9% in the 4th quarter. Entropy Technologies LP now owns 10,684 shares of the company’s stock valued at $2,088,000 after buying an additional 1,300 shares in the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in Cboe Global Markets in the fourth quarter valued at $238,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CBOE. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday. Oppenheimer decreased their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. William Blair initiated coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. Finally, Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $208.00 on Wednesday. The company has a market cap of $21.77 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a fifty day moving average price of $199.40.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the prior year, the firm earned $2.06 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. Cboe Global Markets’s payout ratio is presently 34.90%.

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.