Banco Bilbao Vizcaya Argentaria S.A. Lowers Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,116 shares of the company’s stock after selling 666 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Cboe Global Markets were worth $4,126,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CBOE. New York Life Investment Management LLC raised its holdings in shares of 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. Summit Financial LLC raised its holdings in Cboe Global Markets by 0.4% in the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock valued at $2,131,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC lifted its position in 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 in the last quarter. Inspire Advisors LLC grew its stake in Cboe Global Markets by 1.6% during 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. Finally, Pinnacle Financial Partners Inc increased its position in shares of Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CBOE. Bank of America reiterated a “neutral” rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Barclays raised their target price on Cboe Global Markets from $216.00 to $232.00 and gave the company an “equal weight” rating in a report on Monday, April 7th. Loop Capital set a $260.00 price target on Cboe Global Markets in a report on Wednesday, April 2nd. Morgan Stanley raised shares of Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 target price on the stock in a research report on Tuesday, April 8th. Finally, Piper Sandler raised their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the company an “overweight” rating in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $218.80.

Insiders Place Their Bets

In related news, EVP Dave Howson sold 11,036 shares of the 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 owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have 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 Price Performance

NASDAQ CBOE opened at $213.59 on Friday. The company has a market cap of $22.36 billion, a P/E ratio of 29.58, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The company’s fifty day moving average is $214.23.

Cboe Global Markets (NASDAQ:CBOE) last announced 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 net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the firm posted $2.06 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed 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 is presently 34.90%.

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.