Janus Henderson Group PLC Sells 85,610 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Janus Henderson Group PLC decreased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,442,685 shares of the company’s stock after selling 85,610 shares during the quarter. Janus Henderson Group PLC’s holdings in Cboe Global Markets were worth $281,900,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New York Life Investment Management LLC raised its position in shares of Cboe Global Markets by 0.3% during the fourth quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock valued at $3,035,000 after buying an additional 48 shares during the last quarter. Summit Financial LLC raised its position in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock valued at $2,131,000 after buying an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC raised its position in shares of Cboe Global Markets by 1.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after buying an additional 50 shares during the last quarter. Inspire Advisors LLC raised its position in shares of Cboe Global Markets by 1.6% during the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock valued at $611,000 after buying an additional 50 shares during the last quarter. Finally, Pinnacle Financial Partners Inc increased its position in Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 1.6%

NASDAQ CBOE opened at $231.71 on Monday. 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 stock’s fifty day moving average price is $217.40. The stock has a market capitalization of $24.26 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.15 earnings per share. 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 announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets’s dividend payout ratio is currently 33.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Cowen restated a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, May 5th. Morgan Stanley boosted their price target on shares of Cboe Global Markets from $235.00 to $256.00 and gave the stock an “overweight” rating in a research report on Monday, May 5th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $223.36.

Insider Activity

In other news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. The trade was a 57.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of the business’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 sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at $52,357.76. This represents a 47.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,464 shares of company stock valued at $2,363,596. 0.22% of the stock is currently owned by company insiders.

Cboe Global Markets 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.