Geo Capital Gestora de Recursos Ltd Raises Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Geo Capital Gestora de Recursos Ltd grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 513.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,899 shares of the company’s stock after purchasing an additional 10,797 shares during the period. Cboe Global Markets makes up approximately 3.3% of Geo Capital Gestora de Recursos Ltd’s holdings, making the stock its 14th largest position. Geo Capital Gestora de Recursos Ltd’s holdings in Cboe Global Markets were worth $2,520,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CBOE. Raymond James Financial Inc. purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $59,206,000. Amundi lifted its holdings in shares of Cboe Global Markets by 27.2% during the fourth quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after purchasing an additional 189,280 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Cboe Global Markets by 64.2% during the fourth quarter. Victory Capital Management Inc. now owns 391,636 shares of the company’s stock valued at $76,526,000 after purchasing an additional 153,184 shares during the last quarter. E. Ohman J or Asset Management AB lifted its holdings in shares of Cboe Global Markets by 4,157.6% during the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after purchasing an additional 151,961 shares during the last quarter. Finally, abrdn plc lifted its holdings in shares of Cboe Global Markets by 341.2% during the fourth quarter. abrdn plc now owns 190,017 shares of the company’s stock valued at $37,145,000 after purchasing an additional 146,945 shares during the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were 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 owns 1,993 shares of the company’s stock, valued at $417,872.31. The trade was a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,544 shares of company stock valued at $2,380,529. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Trading Down 2.1 %

NASDAQ:CBOE opened at $214.77 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $223.51. The company has a market cap of $22.49 billion, a P/E ratio of 29.75, a PEG ratio of 1.75 and a beta of 0.67. The stock has a 50 day moving average of $207.37.

Cboe Global Markets (NASDAQ:CBOE) last posted 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 posted $2.06 earnings per share. Research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CBOE. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Oppenheimer decreased 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 report on Monday, January 13th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Barclays boosted their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.