Access Financial Services Inc. Buys 254 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Access Financial Services Inc. grew its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,779 shares of the company’s stock after acquiring an additional 254 shares during the period. Access Financial Services Inc.’s holdings in Cboe Global Markets were worth $1,520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CBOE. Erste Asset Management GmbH purchased a new position in Cboe Global Markets during the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets during the third quarter valued at approximately $158,000. Benjamin Edwards Inc. increased its holdings in Cboe Global Markets by 5,967.5% during 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 during the period. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the third quarter valued at approximately $216,000. Finally, Harmony Asset Management LLC purchased a new position in Cboe Global Markets during the third quarter valued at approximately $15,175,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $194.78 on Monday. The stock’s 50-day moving average price is $200.89. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $20.39 billion, a PE ratio of 26.54, a P/E/G ratio of 1.96 and a beta of 0.68.

Cboe Global Markets Announces Dividend

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 1.29%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Analyst Upgrades and Downgrades

CBOE has been the subject of several recent analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Oppenheimer lowered their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Finally, Keefe, Bruyette & Woods lowered their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $198.83.

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.