Handelsbanken Fonder AB Buys 18,032 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Handelsbanken Fonder AB increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 60.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,791 shares of the company’s stock after buying an additional 18,032 shares during the quarter. Handelsbanken Fonder AB’s holdings in Cboe Global Markets were worth $9,329,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. One Wealth Advisors LLC raised its stake in shares of Cboe Global Markets by 5.7% in the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after purchasing an additional 60 shares in the last quarter. Rehmann Capital Advisory Group increased its holdings in 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. raised its stake 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 in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Cboe Global Markets by 3.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock worth $441,000 after acquiring an additional 71 shares during the period. Finally, Venturi Wealth Management LLC boosted its position in shares of Cboe Global Markets by 2.8% during the 4th quarter. Venturi Wealth Management LLC now owns 3,307 shares of the company’s stock valued at $646,000 after acquiring an additional 90 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CBOE. Barclays increased their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Keefe, Bruyette & Woods dropped their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Bank of America boosted their price target 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. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $210.93 on Friday. The business has a fifty day simple moving average of $199.97. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $22.08 billion, a price-to-earnings ratio of 29.21, a P/E/G ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

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 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 last year, the company posted $2.06 EPS. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Insider Activity at Cboe Global Markets

In other 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 through this link. 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 sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $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 sold a total of 11,316 shares of company stock valued at $2,332,393 over the last quarter. Corporate insiders own 0.22% of the company’s stock.

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.