Hennion & Walsh Asset Management Inc. has $340,000 position in Cboe Global Markets, Inc. (BATS:CBOE)

Hennion & Walsh Asset Management Inc. reduced its position in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,997 shares of the company’s stock after selling 185 shares during the period. Holdings of Hennion & Walsh Asset Management Inc. in Cboe Global Markets were worth $340,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have recently modified their holdings of the company. FinTrust Capital Advisors LLC raised its holdings in Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the last quarter. Optiver Holding BV acquired a new position in Cboe Global Markets during the fourth quarter valued at approximately $29,000. ORG Partners LLC bought a new position in shares of Cboe Global Markets in the second quarter valued at about $30,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Cboe Global Markets in the first quarter valued at approximately $42,000. Finally, Riverview Trust Co bought a new stake in shares of Cboe Global Markets in the first quarter valued at approximately $44,000. 81.73% of shares are held by institutional investors.

Indoor activity

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The transaction was disclosed in a filing with the SEC, which can be accessed via this hyperlink. Also, EVP Dave Howson sold 2,500 shares of Cboe Global Markets stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the sale, the executive vice president now directly owns 15,073 shares in the company, valued at approximately $2,813,676.91. The disclosure for this sale can be found here. Insiders sold a total of 16,565 shares of company stock valued at $3,063,663 over the last quarter. Insiders hold 0.51% of the company’s stock.

Analysts on Wall Street are forecasting an increase

A number of equities analysts have issued reports on CBOE shares. Rosenblatt Securities boosted their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research note on Monday, August 5th . Barclays boosted their price objective on shares of Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research note on Monday, August 5th. Piper Sandler restated an “overweight” rating and set a $210.00 target price (up from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. raised Cboe Global Markets from an “underweight” rating to a “neutral” rating and upped their target price for the company from $168.00 to $195.00 in a research note on Monday, August 5th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $199.64, according to MarketBeat.com.

Read the latest stock analysis on the CBOE

Cboe Global Markets Stock Performance

BATS:CBOE opened at $210.03 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21, and a debt-to-equity ratio of 0.60. The firm has a market cap of $22.28 billion, a P/E ratio of 108.26 and a beta of 0.61. The company has a fifty day moving average of $183.61 and a 200 day moving average of $182.53. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

Cboe Global Markets (BATS:CBOE – Get Free Report ) last released its earnings results on Friday, August 2nd. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.10 by $0.05. The company had revenue of $513.80 million during the quarter, compared to the consensus estimate of $514.51 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. In the same period last year, the business posted EPS of $1.78. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Raises Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be given a $0.63 dividend. This is a positive change from Cboe Global Markets’ previous quarterly dividend of $0.55. The ex-dividend date is Friday, August 30. This represents an annualized dividend of $2.52 and a dividend yield of 1.20%. Cboe Global Markets’ dividend payout ratio is currently 98.97%.

Cboe Global Markets Company Profile

(Free report)

Cboe Global Markets, Inc, through its subsidiaries, operates as a global options exchange. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX and Digital. The Options segment trades in listed market indices. The North American Equity segment trades in the listed US

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