Brookstone Capital Management Takes $396,000 Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Brookstone Capital Management bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,025 shares of the company's stock, valued at approximately $396,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter worth $230,000. Czech National Bank raised its stake in Cboe Global Markets by 6.5% in the 4th quarter. Czech National Bank now owns 22,698 shares of the company's stock worth $4,435,000 after acquiring an additional 1,383 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in Cboe Global Markets by 5.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,134 shares of the company's stock worth $612,000 after acquiring an additional 170 shares during the period. Fortem Financial Group LLC grew its stake in Cboe Global Markets by 1.6% during the 4th quarter. Fortem Financial Group LLC now owns 6,119 shares of the company's stock valued at $1,196,000 after purchasing an additional 99 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company's stock valued at $126,262,000 after purchasing an additional 92,537 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research reports. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Oppenheimer reduced their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a report on Monday, January 13th. Jefferies Financial Group decreased their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. Finally, StockNews.com downgraded Cboe Global Markets from a "hold" rating to a "sell" rating in a research note on Friday, January 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of "Hold" and a consensus price target of $198.83.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $0.86 on Friday, hitting $194.78. The company's stock had a trading volume of 667,519 shares, compared to its average volume of 666,078. The firm has a market cap of $20.39 billion, a P/E ratio of 22.25, a price-to-earnings-growth ratio of 1.96 and a beta of 0.68. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm's fifty day moving average is $200.89.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.33%.

Cboe Global Markets 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.