Norinchukin Bank The lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,715 shares of the company’s stock after purchasing an additional 387 shares during the quarter. Norinchukin Bank The’s holdings in Cboe Global Markets were worth $921,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Cboe Global Markets by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after purchasing an additional 56,233 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after buying an additional 5,193,339 shares in the last quarter. Geode Capital Management LLC boosted its stake in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock valued at $535,994,000 after acquiring an additional 44,291 shares in the last quarter. FMR LLC grew its stake in Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company’s stock worth $307,165,000 after buying an additional 38,587 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $269,524,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Loop Capital set a $260.00 price target on Cboe Global Markets in a report on Wednesday, April 2nd. Jefferies Financial Group reduced their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Barclays increased their price target on shares of Cboe Global Markets from $216.00 to $232.00 and gave the company an “equal weight” rating in a research report on Monday, April 7th. Bank of America reiterated a “neutral” rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Finally, Morgan Stanley raised Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 price target on the stock in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $218.80.
Cboe Global Markets Stock Down 1.2 %
Cboe Global Markets stock opened at $214.39 on Tuesday. The firm’s 50-day moving average price is $213.58. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $234.37. The firm has a market cap of $22.45 billion, a price-to-earnings ratio of 29.69, 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 current ratio of 1.78 and a quick ratio of 1.39.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last issued its quarterly earnings data 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 last year, the company earned $2.06 EPS. Research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.
Insider Buying and Selling
In other news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were 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. This trade represents a 47.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 over the last 90 days. 0.22% of the stock is currently owned by company insiders.
Cboe Global Markets 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.
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