Cboe Global Markets, Inc. (NASDAQ:CBOE) Holdings Lifted by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC boosted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 12.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,280 shares of the company’s stock after buying an additional 140 shares during the period. Nicolet Advisory Services LLC’s holdings in Cboe Global Markets were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of CBOE. New York Life Investment Management LLC grew its holdings in shares of Cboe Global Markets by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock valued at $3,035,000 after acquiring an additional 48 shares in the last quarter. Summit Financial LLC boosted its position in Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock valued at $2,131,000 after purchasing an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC grew its stake in Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after purchasing an additional 50 shares in the last quarter. Inspire Advisors LLC grew its stake in Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock valued at $611,000 after purchasing an additional 50 shares in the last quarter. Finally, Pinnacle Financial Partners Inc increased its position in Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, 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 worth $2,380,529 over the last 90 days. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $215.05 on Friday. The stock’s 50-day moving average is $212.29. The company has a market cap of $22.52 billion, a P/E ratio of 29.79, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. 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 52-week low of $166.13 and a 52-week high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the business earned $2.06 EPS. Equities analysts predict 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 was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.17%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research note on Monday, January 6th. Barclays lifted their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Jefferies Financial Group cut their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. 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. Finally, Keefe, Bruyette & Woods cut their target price on 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. 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. Based on data from MarketBeat.com, the company currently 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.