Schroder Investment Management Group Buys 3,815 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Schroder Investment Management Group grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 244.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,374 shares of the company's stock after purchasing an additional 3,815 shares during the quarter. Schroder Investment Management Group's holdings in Cboe Global Markets were worth $1,053,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership boosted its position in Cboe Global Markets by 270.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock valued at $58,559,000 after acquiring an additional 218,865 shares during the last quarter. Allstate Corp acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $596,000. Level Four Advisory Services LLC boosted its position in shares of Cboe Global Markets by 1.3% during the 4th quarter. Level Four Advisory Services LLC now owns 5,513 shares of the company's stock valued at $1,077,000 after purchasing an additional 73 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of Cboe Global Markets by 8.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 71,505 shares of the company's stock valued at $13,972,000 after purchasing an additional 5,368 shares in the last quarter. Finally, Norges Bank acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $269,524,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

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Insiders Place Their Bets

In related news, CAO Allen Wilkinson sold 228 shares of the 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 in the last three months. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CBOE shares. William Blair started coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Oppenheimer boosted their target price on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research report on Friday. Keefe, Bruyette & Woods cut their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research note on Monday, January 13th. Morgan Stanley raised shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price target for the company in a research note on Tuesday. Finally, Jefferies Financial Group cut their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $218.80.

Cboe Global Markets Trading Up 2.4 %

Shares of CBOE traded up $5.07 on Friday, reaching $215.09. The company's stock had a trading volume of 1,190,618 shares, compared to its average volume of 888,846. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $234.37. The firm has a market cap of $22.52 billion, a PE ratio of 29.79, a PEG ratio of 1.75 and a beta of 0.47. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average of $212.67.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate 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 previous year, the company earned $2.06 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business 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. This represents a $2.52 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

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.