National Bank of Canada FI Lowers Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

National Bank of Canada FI decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,880 shares of the company’s stock after selling 1,459 shares during the period. National Bank of Canada FI’s holdings in Cboe Global Markets were worth $12,482,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. New York Life Investment Management LLC boosted its stake in Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after purchasing an additional 48 shares during the period. Summit Financial LLC boosted its position in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock worth $2,131,000 after acquiring an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC increased its holdings in Cboe Global Markets by 1.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after acquiring an additional 50 shares during the last quarter. Inspire Advisors LLC increased its holdings in Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock valued at $611,000 after acquiring an additional 50 shares during the last quarter. Finally, Pinnacle Financial Partners Inc lifted its stake in Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Down 4.8 %

CBOE stock opened at $215.05 on Friday. 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 stock has a market cap of $22.52 billion, a PE ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.47. The business’s 50-day moving average price is $212.29.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 period in the previous year, the company earned $2.06 earnings per share. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid 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 was Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CBOE shares. Barclays lifted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Bank of America upped their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, Oppenheimer reduced their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Two 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.com, the company has a consensus rating of “Hold” and a consensus target price of $206.86.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was 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 in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at $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. Over the last ninety days, insiders have sold 11,544 shares of company stock worth $2,380,529. Insiders own 0.22% of the company’s stock.

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.