Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Candriam S.C.A.

Candriam S.C.A. lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 23.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,000 shares of the company's stock after purchasing an additional 4,718 shares during the quarter. Candriam S.C.A.'s holdings in Cboe Global Markets were worth $4,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Cboe Global Markets by 5.4% in the third 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 shares of Cboe Global Markets in the 4th quarter worth approximately $977,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Cboe Global Markets by 40.3% in the 4th 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 last quarter. Brentview Investment Management LLC bought a new position in Cboe Global Markets during the 4th quarter valued at approximately $3,278,000. Finally, Skylands Capital LLC raised its stake in Cboe Global Markets by 88.9% during the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock valued at $1,661,000 after buying an additional 4,000 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

CBOE has been the topic of a number of recent research reports. Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research note on Thursday, January 9th. Barclays raised their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research note on Monday, February 10th. Oppenheimer dropped their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a research report on Monday, January 6th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $206.86.

Cboe Global Markets Price Performance

Shares of CBOE stock traded down $2.66 during mid-day trading on Wednesday, hitting $208.50. The stock had a trading volume of 1,057,127 shares, compared to its average volume of 797,498. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. 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 stock has a 50-day moving average of $203.82. The firm has a market capitalization of $21.83 billion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results 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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the firm earned $2.06 EPS. Analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed 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 1.21%. Cboe Global Markets's dividend payout ratio is presently 34.90%.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction 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 transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 in the last ninety days. 0.22% of the stock is 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.