1,148 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Acquired by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC purchased a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,148 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $36,000. Kohmann Bosshard Financial Services LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $39,000. Jones Financial Companies Lllp lifted its position 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 acquiring an additional 62 shares in the last quarter. Finally, Avalon Trust Co acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $46,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CBOE shares. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Finally, Barclays upped their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Trading Down 0.5 %

Shares of NASDAQ CBOE opened at $213.95 on Friday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $22.40 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The firm has a 50 day moving average price of $204.83.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates 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 in the prior year, the company earned $2.06 earnings per share. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. Cboe Global Markets’s payout ratio is currently 34.90%.

Insider Buying and Selling

In related news, EVP Adam Inzirillo sold 200 shares of the company’s 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 completion of the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at $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 is available through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the company’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 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. Insiders sold a total of 11,544 shares of company stock worth $2,380,529 in the last three months. 0.22% of the stock is owned by 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.