Cibc World Markets Corp Has $3.23 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cibc World Markets Corp lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 18.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,544 shares of the company's stock after selling 3,789 shares during the quarter. Cibc World Markets Corp's holdings in Cboe Global Markets were worth $3,233,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CBOE. Janus Henderson Group PLC boosted its stake in Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company's stock valued at $313,090,000 after acquiring an additional 5,216 shares during the last quarter. Amundi boosted its position in shares of Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after purchasing an additional 189,280 shares during the last quarter. Tandem Investment Advisors Inc. increased its holdings in Cboe Global Markets by 2.5% in the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company's stock valued at $162,347,000 after purchasing an additional 20,515 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in Cboe Global Markets by 13.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company's stock worth $148,607,000 after buying an additional 91,694 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Cboe Global Markets by 5.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company's stock worth $131,510,000 after buying an additional 36,710 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.

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Cboe Global Markets Stock Up 0.6 %

Shares of NASDAQ:CBOE traded up $1.26 during mid-day trading on Tuesday, reaching $214.22. 681,205 shares of the stock were exchanged, compared to its average volume of 809,355. The company has a market capitalization of $22.43 billion, a P/E ratio of 29.67, a P/E/G ratio of 1.75 and a beta of 0.67. The business's 50 day moving average price is $207.77. 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 one year low of $166.13 and a one year high of $223.51.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 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 announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CBOE shares. Barclays lifted their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research note on Monday, February 10th. Jefferies Financial Group lowered 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 report on Thursday, January 9th. Bank of America lifted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday, February 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Finally, StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $206.86.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the company'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 sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,544 shares of company stock worth $2,380,529. Corporate 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.