Empowered Funds LLC Sells 7,015 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Empowered Funds LLC trimmed its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 77.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,067 shares of the company's stock after selling 7,015 shares during the period. Empowered Funds LLC's holdings in Cboe Global Markets were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. One Wealth Advisors LLC lifted its position in shares of Cboe Global Markets by 5.7% in the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company's stock worth $217,000 after buying an additional 60 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Cboe Global Markets by 5.3% in the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company's stock worth $257,000 after buying an additional 63 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company's stock worth $269,000 after buying an additional 66 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of Cboe Global Markets by 3.4% in the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company's stock worth $441,000 after buying an additional 71 shares in the last quarter. Finally, Fortem Financial Group LLC lifted its position in shares of Cboe Global Markets by 1.6% in the fourth quarter. Fortem Financial Group LLC now owns 6,119 shares of the company's stock worth $1,196,000 after buying an additional 99 shares in the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Oppenheimer decreased their target price 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 report on Thursday. Keefe, Bruyette & Woods reduced their price objective on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research note on Monday, January 13th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $206.86.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock traded down $0.56 during trading on Friday, hitting $208.35. The stock had a trading volume of 176,968 shares, compared to its average volume of 727,910. The company has a fifty day simple moving average of $199.77. The firm has a market capitalization of $21.81 billion, a PE ratio of 28.86, a PEG ratio of 1.76 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 1.78. 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 earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) 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 in the prior year, the business posted $2.06 earnings per share. Analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.21%. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

About Cboe Global Markets

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.