Parallax Volatility Advisers L.P. Decreases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Parallax Volatility Advisers L.P. reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,500 shares of the company’s stock after selling 261 shares during the period. Parallax Volatility Advisers L.P.’s holdings in Cboe Global Markets were worth $1,075,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares during the period. Oak Harvest Investment Services purchased a new stake in Cboe Global Markets in the fourth quarter worth $977,000. Forge First Asset Management Inc. bought a new stake in Cboe Global Markets in the fourth quarter valued at $8,461,000. Mirae Asset Global Investments Co. Ltd. increased its position in Cboe Global Markets by 40.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after purchasing an additional 6,943 shares during the period. Finally, Brentview Investment Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth $3,278,000. 82.67% of the stock is owned by institutional investors.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value 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 approximately $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The stock was 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 $52,357.76. This represents a 47.90 % decrease in their position. 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. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Bank of America reaffirmed a “neutral” rating and set a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Loop Capital set a $260.00 price target on Cboe Global Markets in a research report on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods decreased their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $218.80.

Cboe Global Markets Trading Up 0.4 %

Cboe Global Markets stock opened at $213.59 on Friday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The company has a market capitalization 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 business has a fifty day moving average of $214.23. 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 (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (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 firm posted $2.06 earnings per share. On average, equities research 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 declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

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.