McGuire Investment Group LLC reduced its holdings in Cboe Global Markets, Inc. (NASDAQ: CBOE – Get Rating) by 8.7% in Q1, Holdings Channel reports. The institutional investor held 100,606 shares of the company after selling 9,546 shares during the period. Cboe Global Markets represents 2.1% of McGuire Investment Group LLC’s investment portfolio, making the stock its 14th largest holding. McGuire Investment Group LLC’s holdings in Cboe Global Markets were worth $11,511,000 at the end of the last quarter.
A number of other institutional investors and hedge funds also increased or reduced their stakes in the stock. Paragon Capital Management Ltd acquired a new stake in Cboe Global Markets in Q4 for a value of approximately $26,000. Retirement Planning Co of New England Inc. purchased a new stake in shares of Cboe Global Markets during Q4, valued at $58,000. Covestor Ltd bought a new stake in shares of Cboe Global Markets during the 4th quarter for a value of $61,000. Navigation Wealth Management Inc. purchased a new stake in shares of Cboe Global Markets during Q4, valued at $66,000. Finally, Destiny Wealth Partners LLC increased its position in Cboe Global Markets shares by 22.8% during the 4th quarter. Destiny Wealth Partners LLC now owns 582 shares of the company valued at $76,000 after purchasing an additional 108 shares in the last quarter. 81.73% of the shares are held by institutional investors.
CBOE shares opened at $117.44 on Wednesday. The company’s 50-day moving average price is $111.15 and its 200-day moving average price is $116.29. The company has a market capitalization of $12.47 billion, a price-earnings ratio of 25.20 and a beta of 0.59. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt ratio of 0.45. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00.
Cboe Global Markets (NASDAQ:CBOE – Get Rating) last released its quarterly earnings data on Friday, April 29. The company reported EPS of $1.73 for the quarter, beating the consensus estimate of $1.67 by $0.06. Cboe Global Markets posted a net margin of 14.46% and a return on equity of 18.94%. The company posted revenue of $418.10 million for the quarter, compared to analyst estimates of $414.88 million. During the same quarter of the previous year, the firm had posted earnings per share of $1.53. Cboe Global Markets quarterly revenue increased 14.4% year over year. On average, research analysts expect Cboe Global Markets, Inc. to post EPS of 6.32 for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15. Investors of record on Tuesday, May 31 received a dividend of $0.48 per share. This represents an annualized dividend of $1.92 and a yield of 1.63%. The ex-dividend date was Friday, May 27. The Cboe Global Markets payout ratio is currently 41.20%.
Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered its price target on Cboe Global Markets shares from $145.00 to $131.00 in a Thursday, May 19 research report. Rosenblatt Securities raised its price target on Cboe Global Markets shares from $152.00 to $154.00 and gave the stock a “buy” rating in a Thursday, April 14 research report. StockNews.com launched coverage on Cboe Global Markets stocks in a research report on Thursday, March 31. They issued a “holding” rating on the stock. Finally, Citigroup cut its price target on Cboe Global Markets shares from $155.00 to $145.00 in a Wednesday, April 13 research report. An equity research analyst rated the stock with a sell rating, three gave the stock a hold rating, and six gave the stock a buy rating. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Moderate Buy” and an average price target of $135.10.
Cboe Global Markets Profile (Get an assessment)
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia-Pacific and Global FX. The Options segment trades listed stock indices. The North American Equity segment trades listed US stocks
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