Erste Asset Management GmbH Grows Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Erste Asset Management GmbH boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,326 shares of the company’s stock after buying an additional 1,453 shares during the quarter. Erste Asset Management GmbH owned 0.05% of Cboe Global Markets worth $11,043,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CBOE. Janus Henderson Group PLC raised its stake in Cboe Global Markets by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares during the last quarter. Amundi grew its holdings in shares of Cboe Global Markets by 27.2% in the fourth quarter. Amundi now owns 885,659 shares of the company’s stock worth $170,923,000 after acquiring an additional 189,280 shares during the period. Tandem Investment Advisors Inc. increased its position in Cboe Global Markets by 2.5% during the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock valued at $162,347,000 after acquiring an additional 20,515 shares during the last quarter. Los Angeles Capital Management LLC lifted its holdings in Cboe Global Markets by 13.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock valued at $148,607,000 after acquiring an additional 91,694 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in Cboe Global Markets by 5.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock worth $131,510,000 after purchasing an additional 36,710 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Insider Activity at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Dave Howson sold 11,036 shares of the firm’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 directly 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 sold 11,544 shares of company stock worth $2,380,529 over the last three months. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of research reports. The Goldman Sachs Group downgraded 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 report on Monday, January 6th. Oppenheimer reduced their price objective 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. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group lowered their price objective 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. Finally, Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Two 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.com, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Trading Up 3.2 %

NASDAQ CBOE opened at $215.13 on Friday. The company has a market capitalization of $22.52 billion, a PE ratio of 29.80, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The business has a 50-day moving average of $204.08. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 7th. The company reported $2.10 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, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

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.