HighPoint Advisor Group LLC Buys 156 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

HighPoint Advisor Group LLC increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,394 shares of the company’s stock after acquiring an additional 156 shares during the period. HighPoint Advisor Group LLC’s holdings in Cboe Global Markets were worth $1,538,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Erste Asset Management GmbH bought a new stake in Cboe Global Markets in the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Cboe Global Markets in the third quarter worth $158,000. Benjamin Edwards Inc. raised its holdings in Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after buying an additional 29,778 shares during the last quarter. Coastwise Capital Group LLC purchased a new stake in Cboe Global Markets during the 3rd quarter valued at $216,000. Finally, Harmony Asset Management LLC bought a new stake in Cboe Global Markets in the 3rd quarter worth $15,175,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CBOE shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research report on Monday, January 6th. Bank of America increased their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Keefe, Bruyette & Woods reduced their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Finally, StockNews.com raised 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 issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Up 1.5 %

NASDAQ CBOE opened at $226.06 on Tuesday. The company has a market capitalization of $23.67 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 1.75 and a beta of 0.67. The company’s 50 day moving average price is $210.42. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $227.22. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

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 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 in the previous year, the business posted $2.06 EPS. On average, research analysts anticipate 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 was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $0.63 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.11%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This represents a 47.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

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.