Martingale Asset Management L P Decreases Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Martingale Asset Management L P lowered its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,569 shares of the company's stock after selling 1,997 shares during the period. Martingale Asset Management L P owned approximately 0.09% of Cboe Global Markets worth $18,479,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of CBOE. EP Wealth Advisors LLC bought a new stake in shares of Cboe Global Markets during the 3rd quarter worth $392,000. National Bank of Canada FI boosted its holdings in shares of Cboe Global Markets by 86.3% in the 3rd quarter. National Bank of Canada FI now owns 65,339 shares of the company's stock worth $13,386,000 after purchasing an additional 30,270 shares in the last quarter. MML Investors Services LLC increased its position in shares of Cboe Global Markets by 32.1% during the 3rd quarter. MML Investors Services LLC now owns 8,141 shares of the company's stock valued at $1,668,000 after purchasing an additional 1,976 shares during the last quarter. Barclays PLC lifted its position in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company's stock worth $109,662,000 after buying an additional 116,852 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in Cboe Global Markets by 6.6% in the third quarter. M&T Bank Corp now owns 3,245 shares of the company's stock worth $665,000 after buying an additional 201 shares in the last quarter. Institutional investors own 82.67% of the company's stock.

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Insider Transactions 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 stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company's stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of the firm'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 transaction, the chief accounting officer now owns 248 shares of the company's stock, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Performance

Shares of CBOE traded up $2.15 on Monday, reaching $217.24. The stock had a trading volume of 239,334 shares, compared to its average volume of 879,231. 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, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37. The firm has a market capitalization of $22.75 billion, a price-to-earnings ratio of 30.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The company's 50-day moving average price is $212.67.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results 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 in the previous year, the company earned $2.06 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.16%. Cboe Global Markets's payout ratio is 34.90%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CBOE shares. Oppenheimer upped their price target on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research report on Friday. William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a "market perform" rating for the company. Bank of America restated a "neutral" rating and issued a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday. Barclays upped their price target on shares of Cboe Global Markets from $216.00 to $232.00 and gave the company an "equal weight" rating in a report on Monday, April 7th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Cboe Global Markets has an average rating of "Hold" and an average price target of $218.80.

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.