NewEdge Advisors LLC Has $2.70 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

NewEdge Advisors LLC lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 16.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,802 shares of the company's stock after purchasing an additional 1,970 shares during the quarter. NewEdge Advisors LLC's holdings in Cboe Global Markets were worth $2,697,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. lifted its stake in 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 buying an additional 5,193,339 shares in the last quarter. Norges Bank acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $269,524,000. Raymond James Financial Inc. bought a new stake in Cboe Global Markets in the 4th quarter valued at $59,206,000. Arrowstreet Capital Limited Partnership boosted its stake in Cboe Global Markets by 270.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock worth $58,559,000 after purchasing an additional 218,865 shares during the period. Finally, Amundi boosted its stake in Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after purchasing an additional 189,280 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.

Insider Buying and Selling at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The shares were 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 of the company's stock, valued at $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company's stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 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 company insiders.

Cboe Global Markets Trading Up 0.4 %

NASDAQ CBOE traded up $0.91 during trading on Friday, reaching $213.59. The company's stock had a trading volume of 640,090 shares, compared to its average volume of 882,051. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The company has a 50 day moving average of $214.08. The stock has a market cap of $22.36 billion, a price-to-earnings ratio of 29.58, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) 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 period last year, the company posted $2.06 EPS. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders 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 yield of 1.18%. Cboe Global Markets's payout ratio is 34.90%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CBOE shares. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research note on Thursday, January 9th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods dropped their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a report on Monday, January 13th. Bank of America restated a "neutral" rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Finally, StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $218.80.

About Cboe Global Markets

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.