Cboe Global Markets, Inc. (NASDAQ:CBOE) CAO Allen Wilkinson Sells 228 Shares

Cboe Global Markets, Inc. (NASDAQ:CBOE) CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now 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 Securities & Exchange Commission, which is available through this hyperlink.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $205.31 on Thursday. The company has a market cap of $21.49 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. 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, Inc. has a one year low of $166.13 and a one year high of $221.66. The business has a fifty day moving average of $200.57.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.06 earnings per share. As a group, equities research analysts expect 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. Shareholders of record on Friday, February 28th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. lifted its position in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. Norges Bank purchased a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $269,524,000. Raymond James Financial Inc. bought a new position in Cboe Global Markets during the fourth quarter valued at $59,206,000. First Trust Advisors LP lifted its stake in shares of Cboe Global Markets by 756.0% during the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company’s stock worth $58,317,000 after acquiring an additional 263,585 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in Cboe Global Markets by 108.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company’s stock worth $3,498,000 after buying an additional 234,199 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CBOE shares. JPMorgan Chase & Co. restated 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. Barclays raised their price target on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Keefe, Bruyette & Woods decreased 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 note on Monday, January 13th. Oppenheimer dropped their price objective on shares of 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, William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. Two equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

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.