Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC reduced its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,925 shares of the company’s stock after selling 144 shares during the quarter. Quadcap Wealth Management LLC’s holdings in Cboe Global Markets were worth $572,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. New York Life Investment Management LLC grew its position in 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 worth $3,035,000 after purchasing an additional 48 shares during the last quarter. Summit Financial LLC boosted its stake in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock worth $2,131,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC grew its holdings 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 worth $893,000 after buying an additional 50 shares during the last quarter. Inspire Advisors LLC grew its holdings in shares of 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 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 valued at $234,000 after acquiring an additional 59 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction 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 directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This trade represents a 9.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Bank of America restated a “neutral” rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a report on Monday, May 5th. Barclays boosted their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, May 2nd. Finally, Oppenheimer raised their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an “outperform” rating in a research report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $219.64.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $219.14 on Friday. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.02. The firm has a market cap of $22.95 billion, a PE ratio of 30.35, a P/E/G ratio of 1.75 and a beta of 0.44. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average is $217.72.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.15 EPS. As a group, equities research 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 will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.15%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 33.03%.

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.