Fmr LLC Increases Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

FMR LLC increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,571,980 shares of the company's stock after acquiring an additional 38,587 shares during the period. FMR LLC owned approximately 1.50% of Cboe Global Markets worth $307,165,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock worth $96,613,000 after purchasing an additional 24,177 shares during the period. Oak Harvest Investment Services purchased a new stake in Cboe Global Markets during the 4th quarter valued at $977,000. Forge First Asset Management Inc. bought a new stake in Cboe Global Markets in the fourth quarter worth $8,461,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after buying an additional 6,943 shares during the period. Finally, Brentview Investment Management LLC bought a new position in Cboe Global Markets during the fourth quarter valued at $3,278,000. 82.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Bank of America restated a "neutral" rating and issued a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Oppenheimer boosted their target price on Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research report on Friday, April 11th. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating on the stock. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $218.80.

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Cboe Global Markets Price Performance

NASDAQ CBOE traded up $1.32 during trading on Wednesday, reaching $219.27. 111,098 shares of the company's stock traded hands, compared to its average volume of 874,120. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a market cap of $22.96 billion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The company has a 50 day simple moving average of $213.07.

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 the consensus estimate 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 previous year, the business earned $2.06 EPS. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share 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. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's payout ratio is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following 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 position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock worth $2,380,529 over the last quarter. Insiders own 0.22% of the company's stock.

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.