Paralel Advisors LLC Buys 1,240 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Paralel Advisors LLC increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,664 shares of the company’s stock after purchasing an additional 1,240 shares during the quarter. Paralel Advisors LLC’s holdings in Cboe Global Markets were worth $2,670,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CBOE. New York Life Investment Management LLC increased its holdings in shares of Cboe Global Markets by 0.3% during the fourth 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 raised its holdings in Cboe Global Markets by 0.4% in the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock worth $2,131,000 after buying an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC boosted its position in shares of Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock worth $893,000 after purchasing an additional 50 shares during the period. Inspire Advisors LLC raised its stake in shares of Cboe Global Markets by 1.6% in the fourth 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 period. Finally, Pinnacle Financial Partners Inc grew its holdings in shares of Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 0.6 %

Shares of CBOE stock traded down $1.25 on Thursday, reaching $204.56. The company’s stock had a trading volume of 39,991 shares, compared to its average volume of 862,211. The firm has a market cap of $21.42 billion, a P/E ratio of 28.33, a P/E/G ratio of 1.75 and a beta of 0.47. The company has a 50 day simple moving average of $212.54. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business posted $2.06 earnings per share. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.23%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insiders Place Their Bets

In related news, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction 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 sale, the chief accounting officer now directly owns 248 shares of the company’s stock, 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 is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 in the last ninety days. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on CBOE. Oppenheimer dropped their price objective 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. Loop Capital set a $260.00 price objective on Cboe Global Markets in a research note on Wednesday, April 2nd. William Blair began coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $216.90.

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.