NEOS Investment Management LLC Has $1.07 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

NEOS Investment Management LLC lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 29.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,451 shares of the company’s stock after purchasing an additional 1,243 shares during the quarter. NEOS Investment Management LLC’s holdings in Cboe Global Markets were worth $1,065,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after purchasing an additional 5,216 shares during the last quarter. Amundi increased its stake in Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after buying an additional 189,280 shares during the last quarter. Tandem Investment Advisors Inc. lifted its position in Cboe Global Markets by 2.5% during the 4th quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock worth $162,347,000 after buying an additional 20,515 shares in the last quarter. Finally, Los Angeles Capital Management LLC boosted its stake in shares of Cboe Global Markets by 13.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock worth $148,607,000 after buying an additional 91,694 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CBOE. 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 report on Monday, January 6th. Jefferies Financial Group dropped their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Keefe, Bruyette & Woods cut their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Barclays boosted their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Finally, Bank of America increased 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. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $206.86.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 in the last ninety days. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $222.68 on Friday. The company has a fifty day moving average of $209.79. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market capitalization of $23.32 billion, a P/E ratio of 30.84, a P/E/G ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $223.51.

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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the firm earned $2.06 earnings per share. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.13%. Cboe Global Markets’s payout ratio is currently 34.90%.

Cboe Global Markets Company 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.