Zions Bancorporation N.A. Boosts Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Zions Bancorporation N.A. raised its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 52.8% during the 4th quarter, HoldingsChannel reports. The firm owned 3,137 shares of the company’s stock after acquiring an additional 1,084 shares during the period. Zions Bancorporation N.A.’s holdings in Cboe Global Markets were worth $613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of CBOE. TD Asset Management Inc. lifted its holdings in shares of Cboe Global Markets by 6.9% during the fourth quarter. TD Asset Management Inc. now owns 539,880 shares of the company’s stock worth $105,493,000 after purchasing an additional 34,924 shares during the period. Vanguard Group Inc. raised its position in Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after buying an additional 56,233 shares during the last quarter. Stevens Capital Management LP lifted its stake in shares of Cboe Global Markets by 45.1% in the 4th quarter. Stevens Capital Management LP now owns 1,582 shares of the company’s stock worth $309,000 after acquiring an additional 492 shares during the period. LPL Financial LLC boosted its holdings in shares of Cboe Global Markets by 35.6% in the fourth 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 in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Cboe Global Markets during the fourth quarter worth about $7,406,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 1.7 %

NASDAQ:CBOE opened at $217.95 on Thursday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $223.51. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock’s fifty day moving average price is $208.71. The firm has a market cap of $22.82 billion, a P/E ratio of 30.19, a PEG ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 last year, the firm posted $2.06 EPS. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.90%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. 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 for the company in a research report on Monday, January 13th. Oppenheimer decreased their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. William Blair began coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating for the company. Bank of America boosted their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $206.86.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by insiders.

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.