MOKAN Wealth Management Inc. Acquires Shares of 8,389 Cboe Global Markets, Inc. (NASDAQ:CBOE)

MOKAN Wealth Management Inc. purchased a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,389 shares of the company's stock, valued at approximately $1,642,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sugar Maple Asset Management LLC bought a new position in Cboe Global Markets in the fourth quarter valued at approximately $36,000. TD Private Client Wealth LLC boosted its stake 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 during the last quarter. Trust Co. of Vermont boosted its stake in Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company's stock valued at $82,000 after acquiring an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Cboe Global Markets in the third quarter valued at approximately $158,000. Finally, USA Financial Formulas bought a new position in Cboe Global Markets in the fourth quarter valued at approximately $182,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Keefe, Bruyette & Woods reduced their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group cut shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. Barclays lifted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research report on Monday, February 10th. Finally, 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of "Hold" and a consensus target price of $206.86.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Down 0.6 %

CBOE traded down $1.34 during trading on Thursday, hitting $208.91. The company had a trading volume of 481,185 shares, compared to its average volume of 744,797. The stock has a market capitalization of $21.87 billion, a P/E ratio of 28.93, a PEG ratio of 1.73 and a beta of 0.68. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The stock has a 50-day moving average of $199.77. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) 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 last year, the business earned $2.06 earnings per share. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets's payout ratio is currently 34.90%.

About Cboe Global Markets

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.