AMJ Financial Wealth Management Has $785,000 Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

AMJ Financial Wealth Management cut its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,015 shares of the company’s stock after selling 115 shares during the quarter. AMJ Financial Wealth Management’s holdings in Cboe Global Markets were worth $785,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Erste Asset Management GmbH acquired a new position in Cboe Global Markets during the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cboe Global Markets during the 3rd quarter worth $158,000. Benjamin Edwards Inc. boosted its stake in Cboe Global Markets by 5,967.5% in the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after buying an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC acquired a new position in Cboe Global Markets during the third quarter worth about $216,000. Finally, Harmony Asset Management LLC bought a new position in shares of Cboe Global Markets in the third quarter worth about $15,175,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $215.08 on Tuesday. The company has a market capitalization of $22.52 billion, a PE ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.68. The firm has a 50 day moving average of $201.24. 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, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the business earned $2.06 earnings per share. As a group, research analysts expect 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday. Bank of America upped their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Barclays lifted their price target on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. 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 stock. According to MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and an average price target of $206.86.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

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.