McElhenny Sheffield Capital Management LLC Invests $533,000 in Cboe Global Markets, Inc. (NASDAQ:CBOE)

McElhenny Sheffield Capital Management LLC bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,730 shares of the company's stock, valued at approximately $533,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. TD Private Client Wealth LLC raised its holdings in Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock valued at $76,000 after acquiring an additional 222 shares in the last quarter. Trust Co. of Vermont increased its position in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company's stock worth $82,000 after purchasing an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $158,000. USA Financial Formulas bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $182,000. Finally, Coastwise Capital Group LLC acquired a new position in Cboe Global Markets in the third quarter worth about $216,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of CBOE stock traded up $0.86 during trading hours on Friday, reaching $194.78. The stock had a trading volume of 667,519 shares, compared to its average volume of 666,078. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 1.96 and a beta of 0.68. The company's 50-day simple moving average is $200.89. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month 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.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.29%. Cboe Global Markets's payout ratio is currently 34.33%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Barclays cut their price objective on Cboe Global Markets from $220.00 to $212.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. JPMorgan Chase & Co. reissued an "underweight" rating and set a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. StockNews.com downgraded shares of Cboe Global Markets from a "hold" rating to a "sell" rating in a research report on Friday, January 10th. Finally, Jefferies Financial Group lowered their price objective 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. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $198.83.

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.