Covea Finance boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 283.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,300 shares of the company's stock after purchasing an additional 32,000 shares during the quarter. Covea Finance's holdings in Cboe Global Markets were worth $8,461,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in CBOE. Park Avenue Securities LLC raised its position in shares of Cboe Global Markets by 23.0% in the fourth quarter. Park Avenue Securities LLC now owns 5,898 shares of the company's stock valued at $1,152,000 after buying an additional 1,101 shares in the last quarter. Kathmere Capital Management LLC raised its holdings in Cboe Global Markets by 56.0% in the 4th quarter. Kathmere Capital Management LLC now owns 1,568 shares of the company's stock valued at $306,000 after acquiring an additional 563 shares in the last quarter. Board of the Pension Protection Fund bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $918,000. Accurate Wealth Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth $2,731,000. Finally, Marion Wealth Management increased its position in shares of Cboe Global Markets by 1.8% in the fourth quarter. Marion Wealth Management now owns 11,081 shares of the company's stock worth $2,165,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.
Cboe Global Markets Stock Down 0.7 %
Shares of NASDAQ CBOE traded down $1.38 during midday trading on Wednesday, reaching $191.99. 1,780,143 shares of the company were exchanged, compared to its average volume of 854,283. The company's 50-day moving average price is $201.18. The stock has a market capitalization of $20.10 billion, a PE ratio of 26.16, a P/E/G ratio of 1.71 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.
Cboe Global Markets Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 1.31%. Cboe Global Markets's dividend payout ratio is currently 34.33%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on CBOE shares. Jefferies Financial Group reduced their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research note on Thursday, January 9th. Keefe, Bruyette & Woods decreased their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research note on Monday. William Blair started coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. JPMorgan Chase & Co. reiterated an "underweight" rating and issued 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, Oppenheimer lowered their price target on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a report on Monday. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, Cboe Global Markets has an average rating of "Hold" and an average target price of $198.83.
Read Our Latest Research Report on CBOE
Cboe Global Markets Company Profile
(
Free Report)
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.
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