JPMorgan Chase & Co. Has $87.64 Million Holdings in Cboe Global Markets, Inc. $CBOE

JPMorgan Chase & Co. increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 20.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 357,333 shares of the company’s stock after acquiring an additional 61,892 shares during the quarter. JPMorgan Chase & Co. owned about 0.34% of Cboe Global Markets worth $87,642,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. grew its position in shares of Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Cboe Global Markets during the 2nd quarter valued at approximately $33,000. Headlands Technologies LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Dakota Community Bank & Trust NA bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $42,000. Finally, Assetmark Inc. increased its position in Cboe Global Markets by 195.4% in the 3rd quarter. Assetmark Inc. now owns 192 shares of the company’s stock worth $47,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the transaction, the director owned 12,921 shares in the company, valued at approximately $3,693,726.27. The trade was a 23.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director owned 4,761 shares in the company, valued at $1,358,598.96. The trade was a 23.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, November 3rd. Piper Sandler raised their price target on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. UBS Group restated a “neutral” rating and set a $290.00 price objective on shares of Cboe Global Markets in a report on Monday, February 9th. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Stock Up 0.5%

CBOE opened at $290.11 on Tuesday. The firm has a market cap of $30.36 billion, a price-to-earnings ratio of 40.18, a PEG ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm’s 50-day simple moving average is $265.83 and its 200-day simple moving average is $252.37. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $293.58.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, beating analysts’ consensus estimates of $2.95 by $0.11. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period last year, the firm earned $2.10 EPS. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a dividend of $0.72 per share. The ex-dividend date was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio is 27.64%.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.