Marion Wealth Management Raises Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Marion Wealth Management boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 11,081 shares of the company’s stock after buying an additional 194 shares during the quarter. Marion Wealth Management’s holdings in Cboe Global Markets were worth $2,165,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted 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. purchased a new stake in shares of Cboe Global Markets during the third quarter valued at approximately $158,000. Coastwise Capital Group LLC bought a new stake in Cboe Global Markets in the 3rd quarter worth $216,000. Aprio Wealth Management LLC bought a new stake in shares of Cboe Global Markets in the fourth quarter worth about $230,000. Finally, Rehmann Capital Advisory Group increased its stake in shares of Cboe Global Markets by 5.3% during the third 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 period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CBOE. Keefe, Bruyette & Woods decreased their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday. Barclays lowered their price objective on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Monday. Jefferies Financial Group reduced their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday. Finally, William Blair assumed coverage on shares of Cboe Global Markets in a research report on Thursday. They issued a “market perform” rating on the stock. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Stock Performance

NASDAQ:CBOE traded up $1.78 during trading hours on Monday, reaching $192.72. The company’s stock had a trading volume of 794,952 shares, compared to its average volume of 711,995. The stock has a market cap of $20.18 billion, a P/E ratio of 26.26, a P/E/G ratio of 1.71 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. The firm has a 50 day simple moving average of $201.78. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 1.31%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Cboe Global Markets Company Profile

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.