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Axecap Investments LLC Acquires 1,924 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cboe Global Markets logo with Finance background

Axecap Investments LLC grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 42.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,467 shares of the company's stock after purchasing an additional 1,924 shares during the period. Axecap Investments LLC's holdings in Cboe Global Markets were worth $1,264,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CBOE. Erste Asset Management GmbH acquired a new position in shares of Cboe Global Markets during the third quarter valued at $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cboe Global Markets during the third quarter valued at $158,000. Benjamin Edwards Inc. increased its holdings in shares of Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company's stock valued at $6,203,000 after purchasing an additional 29,778 shares during the period. Coastwise Capital Group LLC acquired a new position in shares of Cboe Global Markets during the third quarter valued at $216,000. Finally, Harmony Asset Management LLC acquired a new position in shares of Cboe Global Markets during the third quarter valued at $15,175,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

CBOE traded down $5.90 during trading on Friday, reaching $202.33. The company had a trading volume of 691,258 shares, compared to its average volume of 766,935. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a market capitalization of $21.18 billion, a P/E ratio of 27.57, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $199.36.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS 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 business earned $2.06 EPS. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.25%. Cboe Global Markets's dividend payout ratio is 34.33%.

Insider Activity

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 stock was sold at an average price of $206.01, for a total value 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 trade represents a 57.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a "market perform" rating on the stock. The Goldman Sachs Group lowered Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. Keefe, Bruyette & Woods lowered 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. Barclays lifted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a report on Monday. Finally, Oppenheimer lowered their target price on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $206.86.

Check Out Our Latest Stock Report on Cboe Global Markets

Cboe Global Markets Company Profile

(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.

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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