Atria Wealth Solutions Inc. Acquires 2,892 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Atria Wealth Solutions Inc. increased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 68.2% during the fourth quarter, Holdings Channel reports. The firm owned 7,130 shares of the company’s stock after acquiring an additional 2,892 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Cboe Global Markets were worth $1,393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares in the last quarter. Oak Harvest Investment Services bought a new stake in Cboe Global Markets in the 4th quarter valued at $977,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Cboe Global Markets by 40.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock worth $4,750,000 after purchasing an additional 6,943 shares in the last quarter. Brentview Investment Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter valued at about $3,278,000. Finally, Triasima Portfolio Management inc. purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at about $1,196,000. 82.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of research analyst reports. 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 research report on Monday, February 10th. Jefferies Financial Group decreased their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, William Blair began coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $210.93 on Monday. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.75 and a beta of 0.68. The firm’s fifty day moving average is $199.97. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. 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 announced its earnings results 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the company posted $2.06 earnings per share. Equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,316 shares of company stock valued at $2,332,393 over the last 90 days. Insiders own 0.22% of the company’s stock.

Cboe Global Markets Company 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.