Financiere des Professionnels Fonds d investissement inc. Sells 8,261 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Financiere des Professionnels Fonds d investissement inc. trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 46.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,673 shares of the company's stock after selling 8,261 shares during the period. Financiere des Professionnels Fonds d investissement inc.'s holdings in Cboe Global Markets were worth $1,890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CBOE. JPMorgan Chase & Co. boosted its stake in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock worth $96,613,000 after buying an additional 24,177 shares during the last quarter. Oak Harvest Investment Services purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $977,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after buying an additional 6,943 shares during the last quarter. Brentview Investment Management LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $3,278,000. Finally, Triasima Portfolio Management inc. acquired a new position in Cboe Global Markets during the fourth quarter worth $1,196,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Cboe Global Markets Price Performance

NASDAQ:CBOE traded down $1.34 during trading hours on Thursday, reaching $208.91. 481,185 shares of the company traded hands, compared to its average volume of 744,797. 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 firm's 50-day simple moving average is $199.77. The stock has a market capitalization of $21.87 billion, a PE ratio of 28.93, a P/E/G ratio of 1.73 and a beta of 0.68. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business posted $2.06 EPS. As a group, 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend 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 is presently 34.90%.

Insider Transactions at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The stock was 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 owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CBOE shares. Jefferies Financial Group cut their price objective on 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. The Goldman Sachs Group lowered shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target on the stock. in a research note on Monday, January 6th. JPMorgan Chase & Co. restated an "underweight" rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their price objective 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. Finally, William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $206.86.

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.