USA Financial Formulas Invests $182,000 in Cboe Global Markets, Inc. (NASDAQ:CBOE)

USA Financial Formulas purchased a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 933 shares of the company’s stock, valued at approximately $182,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC lifted its holdings in shares of Cboe Global Markets by 149.0% during the third 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. acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $158,000. Coastwise Capital Group LLC acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $216,000. Aprio Wealth Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $230,000. Finally, Rehmann Capital Advisory Group lifted its holdings 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 worth $257,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 0.8 %

Shares of CBOE opened at $193.92 on Friday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The business’s fifty day simple moving average is $201.02. The firm has a market cap of $20.30 billion, a PE ratio of 26.42, a PEG ratio of 1.96 and a beta of 0.68.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.30%. Cboe Global Markets’s payout ratio is 34.33%.

Analyst Ratings Changes

A number of research firms recently commented on CBOE. Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Barclays decreased their price target on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Finally, Oppenheimer decreased their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $198.83.

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.