FIL Ltd lifted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 22.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 35,383 shares of the company’s stock after buying an additional 6,599 shares during the period. FIL Ltd’s holdings in Cboe Global Markets were worth $6,914,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lee Danner & Bass Inc. acquired a new position in Cboe Global Markets during the fourth quarter worth $29,000. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter worth about $36,000. Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets during the 4th quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Cboe Global Markets in the 4th quarter valued at approximately $39,000. Institutional investors own 82.67% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on CBOE. Loop Capital set a $260.00 price target on Cboe Global Markets in a report on Wednesday, April 2nd. Barclays raised their target price on shares of Cboe Global Markets from $216.00 to $232.00 and gave the company an “equal weight” rating in a research note on Monday, April 7th. Keefe, Bruyette & Woods cut their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Morgan Stanley raised Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 price target on the stock in a research report on Tuesday, April 8th. Finally, Bank of America reissued a “neutral” rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $218.80.
Cboe Global Markets Stock Up 2.4 %
Cboe Global Markets stock opened at $215.09 on Friday. The firm has a 50 day moving average price of $212.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The firm has a market cap of $22.52 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last issued its earnings results 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 period last year, the business earned $2.06 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.
Cboe Global Markets Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s payout ratio is 34.90%.
Insider Transactions at Cboe Global Markets
In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,544 shares of company stock valued at $2,380,529. Company insiders own 0.22% of the company’s stock.
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.
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