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) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,389 shares of the company’s stock, valued at approximately $1,642,000.

Several other hedge funds and other institutional investors also recently modified their holdings of CBOE. Sugar Maple Asset Management LLC bought a new position in shares of Cboe Global Markets in the 4th quarter valued at $36,000. TD Private Client Wealth LLC increased its stake in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares during the last quarter. Trust Co. of Vermont increased its stake 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 valued at $82,000 after purchasing an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets during the 3rd quarter worth $158,000. Finally, USA Financial Formulas bought a new stake in Cboe Global Markets during the 4th quarter worth $182,000. Institutional investors own 82.67% of the company’s stock.

Insider Activity

In related news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was 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 of the company’s stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $202.33 on Friday. The firm has a market cap of $21.18 billion, a P/E ratio of 27.57, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a 50-day simple moving average of $199.36. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period last year, the company earned $2.06 earnings per share. Analysts anticipate that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is 34.90%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CBOE shares. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays boosted their price objective on 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. Oppenheimer reduced their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Jefferies Financial Group reduced their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Finally, Keefe, Bruyette & Woods reduced their price objective on 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $206.86.

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.