Keybank National Association OH Trims Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Keybank National Association OH lessened its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 21.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,383 shares of the company's stock after selling 1,180 shares during the quarter. Keybank National Association OH's holdings in Cboe Global Markets were worth $856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Exencial Wealth Advisors LLC grew its position in Cboe Global Markets by 1.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after acquiring an additional 50 shares in the last quarter. Bahl & Gaynor Inc. boosted its stake in shares of Cboe Global Markets by 6.2% in the fourth quarter. Bahl & Gaynor Inc. now owns 205,420 shares of the company's stock valued at $40,139,000 after purchasing an additional 12,015 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Cboe Global Markets by 3.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 585,656 shares of the company's stock valued at $114,437,000 after purchasing an additional 17,628 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in Cboe Global Markets by 1.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,464 shares of the company's stock worth $872,000 after buying an additional 67 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock worth $42,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

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Cboe Global Markets Price Performance

Shares of NASDAQ CBOE traded down $3.43 during midday trading on Wednesday, hitting $207.73. 798,470 shares of the company's stock were exchanged, compared to its average volume of 795,054. The firm has a fifty day simple moving average of $203.82. The company has a market cap of $21.75 billion, a P/E ratio of 28.77, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data 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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the firm posted $2.06 EPS. Equities 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets's dividend payout ratio is presently 34.90%.

Analyst Ratings Changes

Several research firms have commented on CBOE. 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 note on Monday, January 6th. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research note on Monday, January 13th. Oppenheimer reduced their price target on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $206.86.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value 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. This represents a 47.90 % 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 this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets 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.