Natixis Sells 6,675 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Natixis decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 44.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,461 shares of the company’s stock after selling 6,675 shares during the quarter. Natixis’ holdings in Cboe Global Markets were worth $1,653,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position 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 purchasing an additional 24,177 shares during the last quarter. Oak Harvest Investment Services acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at $977,000. Forge First Asset Management Inc. bought a new stake in shares of Cboe Global Markets during the fourth quarter worth $8,461,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after acquiring an additional 6,943 shares during the period. Finally, Brentview Investment Management LLC bought a new position in Cboe Global Markets in the fourth quarter valued at about $3,278,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Transactions at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Bank of America restated a “neutral” rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Piper Sandler increased their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the company an “overweight” rating in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two equities 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $218.80.

Cboe Global Markets Stock Down 0.1 %

Shares of CBOE stock opened at $214.07 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock’s fifty day moving average is $213.70. The company has a market capitalization of $22.41 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results 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 company posted $2.06 earnings per share. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a 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.