5,750 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Acquired by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,750 shares of the company's stock, valued at approximately $1,124,000.

Several other institutional investors have also modified their holdings of the company. New York Life Investment Management LLC grew its position in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock valued at $3,035,000 after buying an additional 48 shares during the last quarter. Summit Financial LLC grew its holdings in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company's stock worth $2,131,000 after purchasing an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in shares of Cboe Global Markets by 1.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock worth $893,000 after purchasing an additional 50 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after purchasing an additional 50 shares during the last quarter. Finally, Pinnacle Financial Partners Inc lifted its holdings in shares of Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock valued at $234,000 after purchasing an additional 59 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Cboe Global Markets Price Performance

Shares of CBOE stock traded up $0.02 during midday trading on Wednesday, reaching $217.97. 927,462 shares of the company traded hands, compared to its average volume of 885,677. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $234.37. The stock has a market cap of $22.82 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 1.75 and a beta of 0.47. The business's 50 day moving average price is $213.20. 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 - Get Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate 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 earnings per share. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

Insider Transactions at Cboe Global Markets

In related news, 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 transaction of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the 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 directly owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90 % 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 over the last three months. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on CBOE. Jefferies Financial Group reduced their price objective on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Piper Sandler raised their price target on Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. Keefe, Bruyette & Woods decreased their price objective on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research report on Monday, January 13th. Finally, Barclays upped their price target on Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a research note on Monday, April 7th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $218.80.

Cboe Global Markets Company 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.