Oppenheimer & Co. Inc. Boosts Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Oppenheimer & Co. Inc. lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,563 shares of the company’s stock after buying an additional 92 shares during the period. Oppenheimer & Co. Inc.’s holdings in Cboe Global Markets were worth $1,869,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CBOE. Janus Henderson Group PLC increased its stake in Cboe Global Markets by 0.3% in the 3rd 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 period. Tandem Investment Advisors Inc. increased its stake in shares of Cboe Global Markets by 2.5% in the fourth 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 during the period. Los Angeles Capital Management LLC raised its holdings in 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 valued at $148,607,000 after buying an additional 91,694 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Cboe Global Markets by 5.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock valued at $131,510,000 after buying an additional 36,710 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in Cboe Global Markets by 16.7% during the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on CBOE. Barclays upped their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Keefe, Bruyette & Woods cut their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. William Blair initiated coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Finally, Oppenheimer cut 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 research note on Monday, January 13th. Two equities research 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’s stock. According to data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Trading Up 2.0 %

Shares of CBOE stock opened at $215.08 on Tuesday. The firm’s fifty day simple moving average is $201.24. The company has a market cap of $22.52 billion, a PE ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.68. 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 12 month low of $166.13 and a 12 month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 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 quarter in the prior year, the business posted $2.06 EPS. On average, sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the firm’s 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 trade represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 value of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This represents a 9.12 % 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 worth $2,380,529. 0.22% of the stock is owned by insiders.

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.