Cookson Peirce & Co. Inc. Grows Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cookson Peirce & Co. Inc. lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 36.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,591 shares of the company’s stock after purchasing an additional 1,228 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Cboe Global Markets were worth $897,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Investment Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $36,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $39,000. Jones Financial Companies Lllp grew its stake in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after acquiring an additional 62 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its stake in Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the firm’s 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 transaction, the executive vice president now directly 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 11,544 shares of company stock valued at $2,380,529 in the last ninety days. Insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Bank of America upped their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Keefe, Bruyette & Woods dropped their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Finally, Oppenheimer dropped their price target 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. Two equities research 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 MarketBeat.com, the company has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Up 0.6 %

Cboe Global Markets stock opened at $212.62 on Thursday. The firm has a market cap of $22.26 billion, a price-to-earnings ratio of 29.45, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The business’s 50 day simple moving average is $202.02.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates 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 quarter in the previous year, the company earned $2.06 earnings per share. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, February 28th. 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.