Marshall Wace LLP Sells 260,338 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Marshall Wace LLP lessened its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 70.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 109,168 shares of the company's stock after selling 260,338 shares during the quarter. Marshall Wace LLP owned about 0.10% of Cboe Global Markets worth $21,331,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its stake in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company's stock valued at $109,662,000 after buying an additional 116,852 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Cboe Global Markets in the third quarter worth $14,430,000. Tri Ri Asset Management Corp purchased a new position in shares of Cboe Global Markets in the third quarter valued at $5,499,000. Oddo BHF Asset Management Sas purchased a new stake in Cboe Global Markets during the 3rd quarter worth approximately $7,647,000. Finally, Principal Financial Group Inc. grew its stake in Cboe Global Markets by 2.0% in the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company's stock worth $32,197,000 after purchasing an additional 3,155 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Stock Up 0.5 %

Shares of CBOE traded up $1.14 during midday trading on Thursday, hitting $212.56. The company's stock had a trading volume of 768,781 shares, compared to its average volume of 885,067. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $234.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market cap of $22.26 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The company's fifty day moving average price is $213.88.

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 (EPS) 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 company posted $2.06 earnings per share. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets's payout ratio is currently 34.90%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Keefe, Bruyette & Woods decreased their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research report on Monday, January 13th. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Morgan Stanley upgraded shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price target on the stock in a research note on Tuesday, April 8th. 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. Finally, William Blair started coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of "Hold" and an average price target of $218.80.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction on Thursday, February 20th. The shares were 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 directly owns 1,993 shares of the company's stock, valued at $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 over the last ninety days. 0.22% of the stock is currently owned by company insiders.

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.