Edmonds Duncan Registered Investment Advisors LLC Invests $272,000 in Cboe Global Markets, Inc. (BATS:CBOE)

Edmonds Duncan Registered Investment Advisors LLC bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,479 shares of the company’s stock, valued at approximately $272,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Optiver Holding B.V. purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets in the 4th quarter valued at about $30,000. Allworth Financial LP increased its holdings in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. ORG Partners LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $31,000. Finally, BKM Wealth Management LLC acquired a new position in Cboe Global Markets during the fourth quarter worth $33,000. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 1.1 %

Shares of BATS CBOE traded up $1.86 during mid-day trading on Tuesday, reaching $171.92. The company had a trading volume of 547,248 shares, compared to its average volume of 636,231. The firm has a 50 day simple moving average of $176.75 and a two-hundred day simple moving average of $180.47. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market cap of $18.23 billion, a P/E ratio of 88.58 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.90 EPS. Sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.28%. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research reports. Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 6th. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Bank of America lifted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Finally, Barclays boosted their price target on shares of Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $191.00.

Insider Activity

In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the completion of the transaction, the chief operating officer now owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.