Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Consolidated Planning Corp

Consolidated Planning Corp decreased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 40.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,099 shares of the company's stock after selling 1,428 shares during the period. Consolidated Planning Corp's holdings in Cboe Global Markets were worth $410,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CBOE. Erste Asset Management GmbH purchased a new position in Cboe Global Markets during the 3rd quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $158,000. Benjamin Edwards Inc. boosted its holdings in shares of Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company's stock valued at $6,203,000 after buying an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $216,000. Finally, Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $15,175,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Down 2.8 %

Shares of CBOE stock traded down $5.90 during trading hours on Monday, hitting $202.33. The company's stock had a trading volume of 691,258 shares, compared to its average volume of 735,564. The stock has a 50 day simple moving average of $199.38. The stock has a market cap of $21.18 billion, a PE ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the previous year, the company earned $2.06 earnings per share. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 34.33%.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the business'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 in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CBOE. 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. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. Barclays boosted their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research report on Monday, February 10th. JPMorgan Chase & Co. reissued an "underweight" rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, Jefferies Financial Group dropped their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average 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.