Amalgamated Bank Has $4.19 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Amalgamated Bank decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 21,463 shares of the company’s stock after selling 2,559 shares during the period. Amalgamated Bank’s holdings in Cboe Global Markets were worth $4,194,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CBOE. Erste Asset Management GmbH bought a new position in Cboe Global Markets in the third quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at approximately $158,000. Benjamin Edwards Inc. grew its holdings in shares of 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 last quarter. Coastwise Capital Group LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $216,000. Finally, Harmony Asset Management LLC bought a new position in Cboe Global Markets in the 3rd quarter valued at approximately $15,175,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. 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 report on Monday, February 10th. Jefferies Financial Group reduced their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. 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. According to data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Price Performance

Shares of CBOE opened at $210.80 on Friday. The business’s 50-day moving average is $200.86. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $22.07 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. 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 earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the company posted $2.06 EPS. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS 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. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.20%. Cboe Global Markets’s payout ratio is 34.90%.

Insider Activity at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at $52,357.76. The trade was 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 link. Also, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction dated 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 sale, the executive vice president now owns 8,025 shares in the company, 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. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 over the last quarter. Company insiders own 0.22% of the company’s stock.

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.