Cboe Global Markets, Inc. (NASDAQ:CBOE) Position Boosted by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,434 shares of the company’s stock after purchasing an additional 86 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Cboe Global Markets were worth $280,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after acquiring an additional 24,177 shares during the last quarter. Oak Harvest Investment Services bought a new position in Cboe Global Markets in the fourth quarter worth about $977,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock worth $4,750,000 after acquiring an additional 6,943 shares during the last quarter. Brentview Investment Management LLC bought a new position in Cboe Global Markets in the fourth quarter worth about $3,278,000. Finally, Skylands Capital LLC lifted its holdings in Cboe Global Markets by 88.9% in the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company’s stock worth $1,661,000 after acquiring an additional 4,000 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CBOE shares. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Keefe, Bruyette & Woods dropped their price target on shares of 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. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research note on Monday, January 6th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $206.86.

Insider Activity at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % 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 quarter. 0.22% of the stock is currently owned by company insiders.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $211.31 on Wednesday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. 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 firm has a market capitalization of $22.12 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 1.75 and a beta of 0.67. The company’s 50 day moving average is $203.50.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates 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 quarter last year, the business posted $2.06 EPS. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.19%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

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.