Horizon Kinetics Asset Management LLC Has $80.99 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Horizon Kinetics Asset Management LLC lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 414,474 shares of the company’s stock after selling 3,190 shares during the quarter. Cboe Global Markets accounts for approximately 1.0% of Horizon Kinetics Asset Management LLC’s investment portfolio, making the stock its 10th largest position. Horizon Kinetics Asset Management LLC owned approximately 0.40% of Cboe Global Markets worth $80,988,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at $36,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at $39,000. Jones Financial Companies Lllp lifted its holdings in shares of Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after purchasing an additional 62 shares during the last quarter. Finally, Avalon Trust Co purchased a new stake in Cboe Global Markets in the 4th quarter worth about $46,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $213.95 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market cap of $22.40 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The firm’s 50-day moving average is $204.83. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data 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 net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business posted $2.06 EPS. As a group, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued 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 was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value 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 trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CBOE shares. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research note 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. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Finally, 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 note on Monday, February 10th. Two investment 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $206.86.

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.