Asset Management One Co. Ltd. lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 13.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,677 shares of the company's stock after selling 9,907 shares during the period. Asset Management One Co. Ltd. owned approximately 0.06% of Cboe Global Markets worth $12,756,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its stake in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company's stock valued at $313,090,000 after purchasing an additional 5,216 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Cboe Global Markets by 5.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company's stock worth $131,510,000 after purchasing an additional 36,710 shares during the period. Nordea Investment Management AB raised its holdings in Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company's stock worth $126,262,000 after purchasing an additional 92,537 shares during the period. Barclays PLC raised its holdings in shares of Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company's stock worth $109,662,000 after acquiring an additional 116,852 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock worth $96,613,000 after acquiring an additional 24,177 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.
Insider Activity
In related news, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.
Cboe Global Markets Stock Performance
Shares of Cboe Global Markets stock traded down $1.34 during midday trading on Thursday, hitting $208.91. 481,117 shares of the company traded hands, compared to its average volume of 744,797. The stock has a market capitalization of $21.87 billion, a PE ratio of 28.93, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The business has a fifty day simple moving average of $199.59. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66.
Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its 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 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the business earned $2.06 EPS. Equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 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. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets's payout ratio is 34.90%.
Analyst Ratings Changes
CBOE has been the topic of a number of research analyst reports. 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. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group reduced their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Thursday. Finally, Barclays lifted their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $206.86.
View Our Latest Research Report on CBOE
About Cboe Global Markets
(
Free Report)
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.
See Also
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