Fortem Financial Group LLC Acquires 99 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Fortem Financial Group LLC grew its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,119 shares of the company’s stock after buying an additional 99 shares during the quarter. Fortem Financial Group LLC’s holdings in Cboe Global Markets were worth $1,196,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. TD Private Client Wealth LLC increased its stake in Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Cboe Global Markets in the third quarter worth approximately $158,000. Coastwise Capital Group LLC purchased a new position in shares of Cboe Global Markets in the third quarter worth $216,000. Rehmann Capital Advisory Group raised its holdings in Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after buying an additional 63 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in Cboe Global Markets by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CBOE. Keefe, Bruyette & Woods boosted their price objective on shares of Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research report on Friday, December 20th. Barclays cut shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $230.00 to $220.00 in a report on Monday, December 9th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Friday, December 27th. Finally, 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.

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded down $4.20 on Monday, hitting $191.04. 469,738 shares of the stock traded hands, compared to its average volume of 503,228. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The firm has a market capitalization of $20.00 billion, a P/E ratio of 26.03, 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

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.