Ceredex Value Advisors LLC Purchases 28,550 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Ceredex Value Advisors LLC boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 23.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 149,650 shares of the company’s stock after purchasing an additional 28,550 shares during the period. Ceredex Value Advisors LLC’s holdings in Cboe Global Markets were worth $29,242,000 as of its most recent SEC filing.

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

Cboe Global Markets Stock Up 0.4 %

Shares of NASDAQ CBOE opened at $217.95 on Wednesday. The business has a 50-day moving average of $213.07. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37. The company has a market cap of $22.82 billion, a P/E ratio of 30.19, a P/E/G ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 quarter in the prior year, the firm posted $2.06 earnings per share. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared 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 was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.16%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, 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 transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. The trade was a 47.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction on 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 in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Barclays raised their price objective on shares of Cboe Global Markets from $216.00 to $232.00 and gave the stock an “equal weight” rating in a report on Monday, April 7th. Piper Sandler lifted their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. Loop Capital set a $260.00 price objective on Cboe Global Markets in a research note on Wednesday, April 2nd. Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously 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 given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $218.80.

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.