Blair William & Co. IL Cuts Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Blair William & Co. IL trimmed its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,738 shares of the company’s stock after selling 307 shares during the period. Blair William & Co. IL owned about 0.06% of Cboe Global Markets worth $11,477,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CBOE. New York Life Investment Management LLC raised its position in Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after purchasing an additional 48 shares during the period. Exencial Wealth Advisors LLC grew its stake in shares of Cboe Global Markets by 1.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after buying an additional 50 shares during the last quarter. Inspire Advisors LLC increased its holdings in shares of Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock worth $611,000 after buying an additional 50 shares during the period. Pinnacle Financial Partners Inc lifted its stake in shares of Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock valued at $234,000 after acquiring an additional 59 shares during the last quarter. Finally, One Wealth Advisors LLC boosted its holdings in Cboe Global Markets by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after acquiring an additional 60 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer lowered their price target 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. Keefe, Bruyette & Woods cut their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Bank of America upped their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. 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 MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $206.86.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 in the last three months. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $222.68 on Friday. 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, Inc. has a 1 year low of $166.13 and a 1 year high of $223.51. The business has a 50-day moving average of $209.79. The company has a market capitalization of $23.32 billion, a P/E ratio of 30.84, a P/E/G ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period in the prior year, the business posted $2.06 earnings per share. On average, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.13%. Cboe Global Markets’s payout ratio is 34.90%.

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.