Distillate Capital Partners LLC raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,952 shares of the company's stock after purchasing an additional 5,937 shares during the quarter. Distillate Capital Partners LLC owned 0.08% of Cboe Global Markets worth $16,209,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Cboe Global Markets by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock valued at $2,467,700,000 after buying an additional 56,233 shares during the period. Alliancebernstein L.P. raised its holdings in Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after buying an additional 5,193,339 shares during the period. Geode Capital Management LLC boosted its stake in Cboe Global Markets by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after purchasing an additional 44,291 shares during the period. FMR LLC grew its holdings in shares of Cboe Global Markets by 2.5% during the fourth quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after buying an additional 38,587 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Cboe Global Markets in the fourth quarter worth $269,524,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.
Cboe Global Markets Trading Up 0.0 %
NASDAQ CBOE traded up $0.02 on Wednesday, hitting $217.97. 927,462 shares of the company were exchanged, compared to its average volume of 885,677. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock's fifty day moving average is $213.20. The stock has a market capitalization of $22.82 billion, a P/E ratio of 30.19, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37.
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 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 last year, the company posted $2.06 EPS. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.
Cboe Global Markets Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date of this dividend 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%.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on CBOE. Keefe, Bruyette & Woods decreased their price target 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. Barclays lifted their price objective on shares of Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a research note on Monday, April 7th. Oppenheimer increased their target price on Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a report on Friday, April 11th. 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. Finally, Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a research note on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of "Hold" and an average target price of $218.80.
Get Our Latest Report on Cboe Global Markets
Insiders Place Their Bets
In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares of the company's stock, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the 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 transaction, the executive vice president now directly owns 1,993 shares of the company's stock, 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. In the last ninety days, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company's stock.
About Cboe Global Markets
(
Free Report)
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.
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