Cboe Global Markets, Inc. (NASDAQ:CBOE) Holdings Lifted by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 16.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,802 shares of the company’s stock after acquiring an additional 1,970 shares during the quarter. NewEdge Advisors LLC’s holdings in Cboe Global Markets were worth $2,697,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CBOE. Lee Danner & Bass Inc. purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the fourth quarter valued at about $36,000. Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets in the fourth quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Cboe Global Markets during the 4th quarter worth approximately $39,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock worth $2,380,529 over the last three months. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the topic of several research analyst reports. Bank of America restated a “neutral” rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Keefe, Bruyette & Woods lowered 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. Barclays raised their price target on Cboe Global Markets from $216.00 to $232.00 and gave the stock an “equal weight” rating in a research note on Monday, April 7th. Oppenheimer raised their price objective on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an “outperform” rating in a research report on Friday, April 11th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $218.80.

Cboe Global Markets Stock Down 1.2 %

CBOE opened at $214.39 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a 50 day simple moving average of $213.58. The firm has a market cap of $22.45 billion, a price-to-earnings ratio of 29.69, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37.

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 in the prior year, the business posted $2.06 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

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.