37,900 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 37,900 shares of the company’s stock, valued at approximately $7,406,000.

A number of other large investors also recently made changes to their positions in CBOE. Sei Investments Co. grew 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 valued at $15,319,000 after purchasing an additional 2,994 shares during the period. American Century Companies Inc. boosted its stake in Cboe Global Markets by 39.4% in the 4th quarter. American Century Companies Inc. now owns 155,286 shares of the company’s stock worth $30,343,000 after buying an additional 43,855 shares during the last quarter. Geo Capital Gestora de Recursos Ltd boosted its stake in Cboe Global Markets by 513.7% in the 4th quarter. Geo Capital Gestora de Recursos Ltd now owns 12,899 shares of the company’s stock worth $2,520,000 after buying an additional 10,797 shares during the last quarter. Mizuho Securities USA LLC grew its holdings in Cboe Global Markets by 46.2% in the 4th quarter. Mizuho Securities USA LLC now owns 9,922 shares of the company’s stock valued at $1,939,000 after buying an additional 3,137 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter valued at about $868,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Insider Activity at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $212.96 on Tuesday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $223.51. The firm has a 50-day moving average of $207.77. 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 has a market capitalization of $22.30 billion, a price-to-earnings ratio of 29.50, 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 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the company earned $2.06 EPS. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. Cboe Global Markets’s payout ratio is currently 34.90%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods decreased their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Bank of America boosted their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Finally, Barclays upped their price target on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock 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.