FIL Ltd Grows Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

FIL Ltd lifted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 22.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,383 shares of the company's stock after purchasing an additional 6,599 shares during the quarter. FIL Ltd's holdings in Cboe Global Markets were worth $6,914,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock valued at $96,613,000 after acquiring an additional 24,177 shares during the last quarter. Oak Harvest Investment Services acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $977,000. Forge First Asset Management Inc. acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. raised its position in Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after purchasing an additional 6,943 shares during the period. Finally, Brentview Investment Management LLC acquired a new position in Cboe Global Markets during the fourth quarter worth $3,278,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CBOE shares. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating on the stock. Bank of America restated a "neutral" rating and issued a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Morgan Stanley upgraded 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, April 8th. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Loop Capital set a $260.00 target price on Cboe Global Markets in a research note on Wednesday, April 2nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $218.80.

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Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock traded up $0.02 during trading hours on Wednesday, hitting $217.97. The company had a trading volume of 927,462 shares, compared to its average volume of 885,677. 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 company's 50-day moving average price is $213.20. The firm has a market cap of $22.82 billion, a P/E ratio of 30.19, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $234.37.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 quarter in the previous year, the firm earned $2.06 earnings per share. Sell-side 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 was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. Cboe Global Markets's dividend payout ratio is presently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm's 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 completion of the sale, the executive vice president now owns 1,993 shares of the company's stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. Insiders own 0.22% of the company's stock.

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.