Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock Holdings Decreased by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 58.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,113 shares of the company’s stock after selling 2,920 shares during the period. D.A. Davidson & CO.’s holdings in Cboe Global Markets were worth $413,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. One Wealth Advisors LLC boosted its holdings in shares of Cboe Global Markets by 5.7% in the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after buying an additional 60 shares during the period. Rehmann Capital Advisory Group boosted its holdings in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after buying an additional 63 shares during the period. Coldstream Capital Management Inc. boosted its holdings in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after buying an additional 66 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of Cboe Global Markets by 3.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock valued at $441,000 after buying an additional 71 shares during the period. Finally, Fortem Financial Group LLC boosted its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Fortem Financial Group LLC now owns 6,119 shares of the company’s stock valued at $1,196,000 after buying an additional 99 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Trading Down 1.3 %

Shares of NASDAQ:CBOE opened at $208.06 on Wednesday. The stock has a 50 day moving average of $200.47. The firm has a market cap of $21.78 billion, a price-to-earnings ratio of 28.82, a P/E/G ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. 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 (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 quarter last year, the business earned $2.06 earnings per share. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.21%. Cboe Global Markets’s payout ratio is currently 34.90%.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,316 shares of company stock worth $2,332,393 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CBOE has been the subject of several research reports. Bank of America lifted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a report on Monday, February 10th. Jefferies Financial Group reduced their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Oppenheimer reduced 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 research note on Monday, January 13th. Finally, The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $206.86.

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.