Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P lowered its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,569 shares of the company’s stock after selling 1,997 shares during the period. Martingale Asset Management L P owned 0.09% of Cboe Global Markets worth $18,479,000 as of its most recent SEC filing.

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

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $208.13 on Wednesday. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $234.37. The firm has a market capitalization of $21.79 billion, a P/E ratio of 28.83, a PEG ratio of 1.75 and a beta of 0.47. 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’s 50-day simple moving average is $212.52.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period in the previous year, the company earned $2.06 EPS. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was 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 of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the business’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 value of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares of the company’s stock, valued at $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. Insiders have sold 11,544 shares of company stock worth $2,380,529 in the last ninety days. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CBOE has been the topic of several research reports. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Jefferies Financial Group decreased their price objective on shares of 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. Finally, Morgan Stanley raised shares of Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 target price on the stock in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $219.30.

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.