Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Purchased by Geo Capital Gestora de Recursos Ltd

Geo Capital Gestora de Recursos Ltd boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 513.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,899 shares of the company's stock after acquiring an additional 10,797 shares during the period. Cboe Global Markets comprises 3.3% of Geo Capital Gestora de Recursos Ltd's investment portfolio, making the stock its 14th biggest holding. Geo Capital Gestora de Recursos Ltd's holdings in Cboe Global Markets were worth $2,520,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Lee Danner & Bass Inc. acquired a new stake in Cboe Global Markets in the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at $36,000. Generali Asset Management SPA SGR purchased a new stake in Cboe Global Markets in the fourth quarter valued at $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets during the fourth quarter worth about $39,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Oppenheimer decreased their target price on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Bank of America increased their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a report on Monday, February 10th. Jefferies Financial Group cut 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 report on Thursday, January 9th. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $206.86.

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Insider Activity

In related news, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction that occurred on 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 sale, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now directly 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 sold 11,544 shares of company stock worth $2,380,529 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Price Performance

Shares of CBOE stock traded up $3.73 during mid-day trading on Wednesday, hitting $217.95. The stock had a trading volume of 624,670 shares, compared to its average volume of 806,115. The firm has a market cap of $22.82 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 1.75 and a beta of 0.67. The company has a 50-day simple moving average of $208.71. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $223.51.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the business posted $2.06 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.16%. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

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.