Vanguard Group Inc. Grows Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Vanguard Group Inc. grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,628,964 shares of the company’s stock after purchasing an additional 56,233 shares during the quarter. Vanguard Group Inc. owned approximately 12.06% of Cboe Global Markets worth $2,467,700,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CBOE. Stevens Capital Management LP increased its stake in Cboe Global Markets by 45.1% in the fourth quarter. Stevens Capital Management LP now owns 1,582 shares of the company’s stock valued at $309,000 after purchasing an additional 492 shares during the last quarter. LPL Financial LLC increased its stake in shares of Cboe Global Markets by 35.6% during the 4th quarter. LPL Financial LLC now owns 100,593 shares of the company’s stock valued at $19,656,000 after acquiring an additional 26,392 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Cboe Global Markets during the 4th quarter worth about $7,406,000. Sei Investments Co. boosted its position in shares of Cboe Global Markets by 4.0% in the fourth quarter. Sei Investments Co. now owns 78,400 shares of the company’s stock worth $15,319,000 after acquiring an additional 2,994 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Cboe Global Markets by 39.4% in the fourth quarter. American Century Companies Inc. now owns 155,286 shares of the company’s stock valued at $30,343,000 after purchasing an additional 43,855 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Activity

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock worth $2,380,529. Insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE opened at $214.22 on Wednesday. The stock has a fifty day moving average price of $208.19. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $223.51. The company has a market cap of $22.43 billion, a P/E ratio of 29.67, a PEG ratio of 1.75 and a beta of 0.67. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the firm earned $2.06 earnings per share. On average, equities research analysts forecast 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 quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Oppenheimer reduced 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. Barclays raised their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. Finally, Bank of America raised their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Company 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.