GeoWealth Management LLC Has $811,000 Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

GeoWealth Management LLC lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,148 shares of the company’s stock after acquiring an additional 275 shares during the quarter. GeoWealth Management LLC’s holdings in Cboe Global Markets were worth $811,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CBOE. Lee Danner & Bass Inc. acquired a new position in Cboe Global Markets during the 4th quarter valued at about $29,000. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $36,000. Generali Asset Management SPA SGR bought a new position in Cboe Global Markets in the fourth quarter valued at approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth $39,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Barclays raised their price target on Cboe Global Markets from $216.00 to $232.00 and gave the stock an “equal weight” rating in a research report on Monday, April 7th. Keefe, Bruyette & Woods lowered their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $233.00 to $237.00 and gave the stock an “outperform” rating in a research note on Friday, April 11th. Morgan Stanley raised shares of Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 target price for the company in a research note on Tuesday, April 8th. Finally, Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a report on Wednesday, April 2nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $218.80.

Insiders Place Their Bets

In related news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $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 have sold 11,544 shares of company stock valued at $2,380,529 in the last three months. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Price Performance

CBOE stock opened at $217.07 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $22.73 billion, a PE ratio of 30.07, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. The stock’s 50-day moving average price is $213.53.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company posted $2.06 EPS. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.16%. Cboe Global Markets’s payout ratio is currently 34.90%.

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.