Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by US Bancorp DE

US Bancorp DE lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,146 shares of the company’s stock after buying an additional 749 shares during the quarter. US Bancorp DE’s holdings in Cboe Global Markets were worth $1,201,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC purchased a new stake in Cboe Global Markets during the fourth quarter worth approximately $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the fourth quarter worth approximately $36,000. TD Private Client Wealth LLC lifted its stake in Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares during the last quarter. Trust Co. of Vermont lifted its stake in Cboe Global Markets by 2,000.0% during the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after purchasing an additional 400 shares during the last quarter. Finally, Arcadia Investment Management Corp MI purchased a new stake in Cboe Global Markets during the fourth quarter worth approximately $98,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Adam Inzirillo sold 200 shares of the company’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 directly owns 1,993 shares in the company, valued at $417,872.31. This 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 over the last 90 days. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Oppenheimer decreased their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. William Blair started coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. Bank of America boosted their price objective on 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, StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Two investment 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. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $213.63 on Friday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business’s 50 day moving average is $203.04. The stock has a market capitalization of $22.37 billion, a PE ratio of 29.59, a PEG ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last released 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 return on equity of 22.02% and a net margin of 18.64%. During the same period in the previous year, the firm posted $2.06 EPS. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 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.