AlphaQuest LLC Sells 5,011 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

AlphaQuest LLC lessened its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 65.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,648 shares of the company's stock after selling 5,011 shares during the quarter. AlphaQuest LLC's holdings in Cboe Global Markets were worth $517,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $36,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. Jones Financial Companies Lllp raised its holdings in shares of Cboe Global Markets by 40.5% in the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock worth $42,000 after purchasing an additional 62 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock worth $76,000 after purchasing an additional 222 shares during the period. Institutional investors own 82.67% of the company's stock.

Insider Activity

In other news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction on Monday, February 24th. The shares were 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. The trade was a 47.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company's stock, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 in the last three months. Corporate insiders own 0.22% of the company's stock.

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Cboe Global Markets Trading Down 0.5 %

Shares of CBOE traded down $1.18 during mid-day trading on Friday, reaching $213.95. 658,829 shares of the stock traded hands, compared to its average volume of 803,500. The business has a fifty day simple moving average of $204.83. The firm has a market cap 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 has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS 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 business earned $2.06 EPS. On average, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

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

Wall Street Analyst Weigh In

CBOE has been the topic of a number of research reports. Keefe, Bruyette & Woods lowered their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a report on Monday, January 13th. Jefferies Financial Group reduced their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. Barclays lifted 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 reduced their price objective on shares of 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. 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. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $206.86.

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.