Unigestion Holding SA Sells 77,867 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Unigestion Holding SA decreased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 57.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,511 shares of the company’s stock after selling 77,867 shares during the period. Unigestion Holding SA’s holdings in Cboe Global Markets were worth $11,041,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CBOE. Vanguard Group Inc. lifted its stake in shares of Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after acquiring an additional 44,291 shares during the last quarter. Norges Bank bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $269,524,000. Finally, Amundi boosted its holdings in shares of Cboe Global Markets by 27.2% during the 4th quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after acquiring an additional 189,280 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of analyst reports. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research report on Monday, January 6th. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Oppenheimer lowered their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $206.86.

Insider Buying and Selling

In other news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the business’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 completion of the sale, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 in the last three months. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Trading Down 4.8 %

CBOE opened at $215.05 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock’s 50-day simple moving average is $212.29. The firm has a market capitalization of $22.52 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results 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 net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business posted $2.06 earnings per share. As a group, analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

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.