Cboe Global Markets, Inc. (NASDAQ:CBOE - Get Free Report) EVP Adam Inzirillo sold 80 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $211.66, for a total transaction of $16,932.80. Following the completion of the transaction, the executive vice president now directly owns 1,218 shares of the company's stock, valued at approximately $257,801.88. The trade was a 6.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Cboe Global Markets Price Performance
NASDAQ CBOE traded down $5.90 during trading on Friday, reaching $202.33. 691,258 shares of the company's stock were exchanged, compared to its average volume of 735,564. The firm's 50 day simple moving average is $199.36. The firm has a market capitalization of $21.18 billion, a PE ratio of 27.57, a P/E/G ratio of 2.14 and a beta of 0.68. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66.
Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced 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 return on equity of 22.33% and a net margin of 19.65%. During the same period last year, the company posted $2.06 EPS. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.
Cboe Global Markets Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, February 28th. Cboe Global Markets's payout ratio is 34.33%.
Hedge Funds Weigh In On Cboe Global Markets
Several institutional investors and hedge funds have recently made changes to their positions in CBOE. Alliancebernstein L.P. grew its position in shares of Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares during the last quarter. Norges Bank acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $269,524,000. Raymond James Financial Inc. acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $59,206,000. First Trust Advisors LP grew its position in shares of Cboe Global Markets by 756.0% in the fourth quarter. First Trust Advisors LP now owns 298,450 shares of the company's stock valued at $58,317,000 after purchasing an additional 263,585 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Cboe Global Markets by 270.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock valued at $58,559,000 after purchasing an additional 218,865 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on CBOE shares. Keefe, Bruyette & Woods reduced 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. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, February 11th. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating for the company. Oppenheimer cut their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. Finally, Bank of America boosted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a research report on Monday, February 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $206.86.
Check Out Our Latest Stock Report on Cboe Global Markets
About Cboe Global Markets
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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.
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