Summit Trail Advisors LLC Buys 346 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Summit Trail Advisors LLC increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 22.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,887 shares of the company’s stock after buying an additional 346 shares during the period. Summit Trail Advisors LLC’s holdings in Cboe Global Markets were worth $369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sugar Maple Asset Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter worth $36,000. TD Private Client Wealth LLC lifted 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 worth $76,000 after acquiring an additional 222 shares during the period. Trust Co. of Vermont grew its holdings in Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after acquiring an additional 400 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets during the 3rd quarter valued at about $158,000. Finally, USA Financial Formulas bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $182,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 1.9 %

Shares of Cboe Global Markets stock opened at $212.04 on Thursday. The firm has a 50 day moving average of $199.40. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 28.89, a P/E/G ratio of 2.14 and a beta of 0.68. 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, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results 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 quarter last year, the business posted $2.06 EPS. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CBOE. Jefferies Financial Group cut 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 report on Thursday, January 9th. Oppenheimer cut their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Bank of America upped their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price 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.