Adam Inzirillo Sells 80 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 80 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $211.66, for a total value of $16,932.80. Following the completion of the sale, the executive vice president now owns 1,218 shares in the company, valued at approximately $257,801.88. This represents a 6.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Cboe Global Markets Stock Up 1.9 %

Shares of CBOE opened at $212.04 on Thursday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The firm has a market cap of $22.20 billion, a P/E ratio of 28.89, a PEG ratio of 2.14 and a beta of 0.68. The business has a fifty day moving average of $199.40. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 22.33% and a net margin of 19.65%. During the same period last year, the company earned $2.06 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is 34.33%.

Analyst Upgrades and Downgrades

CBOE has been the subject of several research analyst reports. Jefferies Financial Group reduced their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. 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 note on Monday, January 6th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Barclays increased their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $206.86.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after acquiring an additional 56,233 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the period. Geode Capital Management LLC grew its holdings in Cboe Global Markets by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after acquiring an additional 44,291 shares during the period. Janus Henderson Group PLC grew its holdings in Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after purchasing an additional 5,216 shares during the last quarter. Finally, Norges Bank acquired a new stake in Cboe Global Markets in the fourth quarter valued at $269,524,000. 82.67% of the stock is owned by institutional investors and hedge funds.

About Cboe Global Markets

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.