Burney Co. Increases Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Burney Co. raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 8.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,891 shares of the company’s stock after buying an additional 523 shares during the period. Burney Co.’s holdings in Cboe Global Markets were worth $1,347,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CBOE. Barclays PLC raised its stake in shares of Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after acquiring an additional 116,852 shares in the last quarter. Nordea Investment Management AB increased its holdings in Cboe Global Markets by 16.7% during the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after purchasing an additional 92,537 shares during the period. Harmony Asset Management LLC acquired a new stake in Cboe Global Markets in the 3rd quarter valued at about $15,175,000. World Investment Advisors LLC purchased a new position in shares of Cboe Global Markets in the 3rd quarter valued at about $14,430,000. Finally, Erste Asset Management GmbH acquired a new position in shares of Cboe Global Markets during the third quarter worth about $11,191,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CBOE. Barclays decreased their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research note on Monday. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. 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, Keefe, Bruyette & Woods dropped their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $198.83.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $193.92 on Friday. The business’s 50-day moving average price is $201.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a market capitalization of $20.30 billion, a price-to-earnings ratio of 26.42, a price-to-earnings-growth 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. Investors of record on Friday, November 29th were paid 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 1.30%. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Cboe Global Markets 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.