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

USA Financial Formulas purchased a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 933 shares of the company’s stock, valued at approximately $182,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Janus Henderson Group PLC boosted its position in shares of Cboe Global Markets by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after acquiring an additional 5,216 shares during the last quarter. Nordea Investment Management AB raised its holdings in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the period. Barclays PLC raised its holdings in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after buying an additional 116,852 shares during the period. JPMorgan Chase & Co. raised its holdings in Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after buying an additional 24,177 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Cboe Global Markets by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after buying an additional 3,155 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE stock opened at $193.92 on Friday. The stock’s 50 day moving average price is $201.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week 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 Announces Dividend

The company also recently announced 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 dividend yield of 1.30%. Cboe Global Markets’s payout ratio is 34.33%.

Analysts Set New Price Targets

CBOE has been the topic of several research analyst reports. Keefe, Bruyette & Woods reduced their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. William Blair initiated coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Jefferies Financial Group reduced their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Finally, Barclays cut their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Monday. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Cboe Global Markets 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.