Proficio Capital Partners LLC Purchases Shares of 75,277 Cboe Global Markets, Inc. (NASDAQ:CBOE)

Proficio Capital Partners LLC acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 75,277 shares of the company’s stock, valued at approximately $14,709,000. Proficio Capital Partners LLC owned approximately 0.07% of Cboe Global Markets at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CBOE. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets during the fourth quarter worth about $36,000. TD Private Client Wealth LLC increased its position 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 in the last quarter. Trust Co. of Vermont lifted its holdings in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after purchasing an additional 400 shares during the last quarter. Finally, Arcadia Investment Management Corp MI acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $98,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 1.3 %

CBOE stock opened at $210.80 on Friday. The firm’s 50 day moving average is $201.24. The firm has a market cap of $22.07 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month 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 1.78.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the firm posted $2.06 earnings per share. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Analysts Set New Price Targets

CBOE has been the topic of several research analyst reports. William Blair initiated coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Bank of America raised their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Finally, StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $206.86.

Insider Activity

In related news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock worth $2,380,529 over the last ninety days. 0.22% of the stock is currently owned by insiders.

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.