Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,177 shares of the company’s stock after selling 88 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Cboe Global Markets were worth $230,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CBOE. Erste Asset Management GmbH acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $158,000. Benjamin Edwards Inc. increased its position in shares of Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $216,000. Finally, Harmony Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $15,175,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 0.3 %

Shares of CBOE opened at $213.63 on Monday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The firm has a 50 day simple moving average of $203.04. The stock has a market cap of $22.37 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly 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 in the previous year, the business posted $2.06 EPS. On average, sell-side analysts predict 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, March 14th. Investors of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.90%.

Analysts Set New Price Targets

A number of analysts have recently commented on CBOE shares. Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Oppenheimer dropped their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, William Blair initiated coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $206.86.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction 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 directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 value of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by corporate insiders.

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.