AGF Management Ltd. Has $3.89 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

AGF Management Ltd. trimmed its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 9.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,911 shares of the company's stock after selling 2,145 shares during the period. AGF Management Ltd.'s holdings in Cboe Global Markets were worth $3,891,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position 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 valued at $96,613,000 after purchasing an additional 24,177 shares in the last quarter. Oak Harvest Investment Services acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at approximately $977,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cboe Global Markets by 40.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after acquiring an additional 6,943 shares in the last quarter. Brentview Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at approximately $3,278,000. Finally, Skylands Capital LLC raised its position in shares of Cboe Global Markets by 88.9% during the 4th quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock valued at $1,661,000 after acquiring an additional 4,000 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several research firms recently issued reports on CBOE. William Blair began coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating on the stock. Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. Oppenheimer lowered their price objective on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of "Hold" and a consensus target price of $206.86.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded down $1.18 on Friday, hitting $213.95. The company's stock had a trading volume of 658,829 shares, compared to its average volume of 803,500. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The firm has a market capitalization of $22.40 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company's 50-day moving average price is $204.83. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly 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 period in the prior year, the firm posted $2.06 earnings per share. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.18%. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction on 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 completion of the sale, the executive vice president now directly owns 8,025 shares of the company's stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company's stock, valued at approximately $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

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.