Private Trust Co. NA Grows Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Private Trust Co. NA raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,357 shares of the company’s stock after purchasing an additional 142 shares during the quarter. Private Trust Co. NA’s holdings in Cboe Global Markets were worth $461,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CBOE. Kestra Investment Management LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth about $36,000. TD Private Client Wealth LLC raised its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares during the period. Trust Co. of Vermont grew its stake in shares of Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after buying an additional 400 shares in the last quarter. Finally, Arcadia Investment Management Corp MI acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $98,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CBOE shares. Bank of America increased their target price 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. Keefe, Bruyette & Woods lowered their target price on 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. William Blair started coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. Oppenheimer lowered their target price on 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, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $206.86.

Insider Transactions at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on 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 transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Up 1.3 %

Shares of NASDAQ CBOE opened at $210.80 on Monday. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company’s 50 day simple moving average is $201.24. 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 cap of $22.07 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results 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 return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the business posted $2.06 earnings per share. On average, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.20%. Cboe Global Markets’s payout ratio 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.