Bahl & Gaynor Inc. Boosts Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bahl & Gaynor Inc. lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 205,420 shares of the company’s stock after purchasing an additional 12,015 shares during the period. Bahl & Gaynor Inc.’s holdings in Cboe Global Markets were worth $40,139,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new position in shares of Cboe Global Markets in the fourth quarter worth $31,000. Sugar Maple Asset Management LLC purchased a new position in Cboe Global Markets in the fourth quarter valued at $36,000. Kohmann Bosshard Financial Services LLC acquired a new position in Cboe Global Markets during the 4th quarter worth $39,000. Jones Financial Companies Lllp increased its holdings in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after purchasing an additional 62 shares during the period. Finally, TD Private Client Wealth LLC raised its position in Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 2.0 %

Shares of NASDAQ CBOE opened at $215.08 on Tuesday. The firm has a market cap of $22.52 billion, a PE ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The firm has a 50-day moving average price of $201.24. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last announced its 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 previous year, the business earned $2.06 EPS. Sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of analyst reports. Oppenheimer lowered their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. Keefe, Bruyette & Woods lowered their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Finally, William Blair began coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $206.86.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were 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 owns 1,993 shares in the company, valued at approximately $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of 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 disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. Insiders own 0.22% of the company’s stock.

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.