Royal London Asset Management Ltd. Purchases 2,649 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Royal London Asset Management Ltd. increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 51,139 shares of the company's stock after purchasing an additional 2,649 shares during the period. Royal London Asset Management Ltd.'s holdings in Cboe Global Markets were worth $9,993,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. New York Life Investment Management LLC raised its holdings in Cboe Global Markets by 0.3% during the fourth 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 in the last quarter. Exencial Wealth Advisors LLC boosted its position in shares of Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after acquiring an additional 50 shares during the period. Inspire Advisors LLC grew its stake in shares of Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock worth $611,000 after acquiring an additional 50 shares during the last quarter. Pinnacle Financial Partners Inc increased its position in Cboe Global Markets by 5.2% during the fourth quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock worth $234,000 after acquiring an additional 59 shares during the period. Finally, One Wealth Advisors LLC raised its stake in Cboe Global Markets by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company's stock valued at $217,000 after purchasing an additional 60 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Jefferies Financial Group reduced their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. Barclays upped their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research note on Monday, February 10th. William Blair began coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a "market perform" rating for the company. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Bank of America upped their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Two equities 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. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $206.86.

Cboe Global Markets Stock Up 1.7 %

Shares of CBOE traded up $3.73 during trading hours on Wednesday, reaching $217.95. The stock had a trading volume of 624,668 shares, compared to its average volume of 806,115. The company's 50-day moving average is $208.19. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $22.82 billion, a P/E ratio of 30.19, a P/E/G ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $223.51.

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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the business posted $2.06 earnings per share. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders 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 dividend yield of 1.16%. Cboe Global Markets's dividend payout ratio (DPR) is currently 34.90%.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the firm's stock in a transaction dated Thursday, February 20th. The shares were 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 approximately $417,872.31. The trade was a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 in the last quarter. 0.22% of the stock is currently owned by corporate 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.