Connor Clark & Lunn Investment Management Ltd. Buys 73,107 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 192.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 111,164 shares of the company's stock after purchasing an additional 73,107 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.11% of Cboe Global Markets worth $21,721,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. New York Life Investment Management LLC lifted its stake in shares of Cboe Global Markets by 0.3% in the fourth quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock worth $3,035,000 after buying an additional 48 shares in the last quarter. Exencial Wealth Advisors LLC lifted its position in Cboe Global Markets by 1.1% in the 4th 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 in the last quarter. Inspire Advisors LLC boosted its stake in Cboe Global Markets by 1.6% during 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. Pinnacle Financial Partners Inc increased 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 worth $234,000 after purchasing an additional 59 shares in the last quarter. Finally, One Wealth Advisors LLC increased its holdings in shares of Cboe Global Markets by 5.7% in the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company's stock worth $217,000 after purchasing an additional 60 shares in the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, 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 completion of the sale, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were 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 directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Stock Up 0.9 %

CBOE traded up $1.94 during trading on Monday, hitting $215.89. The company's stock had a trading volume of 741,885 shares, compared to its average volume of 802,268. The stock has a 50 day moving average price of $204.83. The stock has a market cap of $22.60 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results 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 22.02% and a net margin of 18.64%. During the same period in the prior year, the firm earned $2.06 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.17%. Cboe Global Markets's payout ratio is currently 34.90%.

Analyst Ratings Changes

CBOE has been the topic of several recent analyst reports. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Oppenheimer decreased their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a report on Monday, January 13th. Jefferies Financial Group dropped their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a report on Thursday, January 9th. Finally, William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $206.86.

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.