43,303 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Bought by Forge First Asset Management Inc.

Forge First Asset Management Inc. acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 43,303 shares of the company’s stock, valued at approximately $8,461,000. Cboe Global Markets makes up about 3.0% of Forge First Asset Management Inc.’s holdings, making the stock its 13th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in CBOE. Erste Asset Management GmbH bought a new stake in Cboe Global Markets during the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets during the 3rd quarter valued at $158,000. Benjamin Edwards Inc. increased its position 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 purchasing an additional 29,778 shares during the period. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the 3rd quarter valued at $216,000. Finally, Harmony Asset Management LLC bought a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $15,175,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Bank of America lifted 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 report on Monday, February 10th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research report on Monday, January 6th. Finally, Barclays lifted 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 report on Monday, February 10th. Two 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $206.86.

Insider Transactions at Cboe Global Markets

In other 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 of the company’s stock, valued at $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were 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 $1,653,230.25. The trade was a 57.90 % 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. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $211.31 on Wednesday. The company has a market capitalization of $22.12 billion, a P/E ratio of 29.27, a P/E/G 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. The company has a 50-day moving average price of $203.50. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released 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 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 earnings per share. On average, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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 yield of 1.19%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

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.