McElhenny Sheffield Capital Management LLC Buys New Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

McElhenny Sheffield Capital Management LLC purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,730 shares of the company’s stock, valued at approximately $533,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CBOE. Barclays PLC grew its position in Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after acquiring an additional 116,852 shares in the last quarter. Nordea Investment Management AB boosted its holdings in shares of Cboe Global Markets by 16.7% in 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 bought a new position in shares of Cboe Global Markets during the 3rd quarter valued at approximately $15,175,000. World Investment Advisors LLC purchased a new stake in Cboe Global Markets during the 3rd quarter valued at $14,430,000. Finally, Erste Asset Management GmbH bought a new stake in Cboe Global Markets in the third quarter worth $11,191,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $194.78 on Friday. The company’s 50-day moving average is $200.89. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year 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 1.39. The company has a market capitalization of $20.39 billion, a P/E ratio of 22.25, a P/E/G 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. Stockholders of record on Friday, November 29th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CBOE shares. Keefe, Bruyette & Woods cut their price target 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, January 13th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a report on Monday, January 6th. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Barclays reduced their target price on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Finally, Oppenheimer lowered their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $198.83.

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.