Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Bought by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 48.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,878 shares of the company's stock after purchasing an additional 34,746 shares during the period. Kovitz Investment Group Partners LLC owned about 0.10% of Cboe Global Markets worth $20,884,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets during the fourth quarter valued at about $29,000. Kestra Investment Management LLC purchased a new stake in Cboe Global Markets in the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC bought a new stake in Cboe Global Markets during the 4th quarter worth approximately $36,000. Generali Asset Management SPA SGR purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Cboe Global Markets in the fourth quarter worth approximately $39,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE traded up $4.86 during mid-day trading on Tuesday, hitting $217.05. 650,957 shares of the company's stock traded hands, compared to its average volume of 876,102. The company has a market capitalization of $22.73 billion, a P/E ratio of 30.06, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $234.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business has a 50-day moving average of $214.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the company earned $2.06 EPS. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal 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 $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Analyst Ratings Changes

CBOE has been the topic of a number of analyst reports. Bank of America restated a "neutral" rating and set a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Barclays boosted their price target on Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a report on Monday, April 7th. Finally, Loop Capital set a $260.00 price objective on shares of Cboe Global Markets in a report on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $218.80.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the firm'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 directly owns 248 shares of the company's stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value 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 $417,872.31. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by insiders.

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.