Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC lifted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,740,937 shares of the company's stock after acquiring an additional 44,291 shares during the quarter. Geode Capital Management LLC owned 2.62% of Cboe Global Markets worth $535,994,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of CBOE. Vanguard Group Inc. increased its stake 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 purchasing an additional 56,233 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after buying an additional 5,193,339 shares during the last quarter. Norges Bank acquired a new stake in Cboe Global Markets during the 4th quarter worth $269,524,000. Amundi lifted its position in Cboe Global Markets by 27.2% in the fourth quarter. Amundi now owns 885,659 shares of the company's stock valued at $170,923,000 after acquiring an additional 189,280 shares during the last quarter. Finally, Tandem Investment Advisors Inc. boosted its stake in Cboe Global Markets by 2.5% in the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company's stock valued at $162,347,000 after acquiring an additional 20,515 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

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Cboe Global Markets Trading Down 1.1 %

Shares of CBOE stock traded down $2.32 during mid-day trading on Wednesday, reaching $205.81. The stock had a trading volume of 2,131,459 shares, compared to its average volume of 875,004. The firm has a market capitalization of $21.55 billion, a P/E ratio of 28.51, a P/E/G ratio of 1.75 and a beta of 0.47. 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 $234.37. The firm's 50-day moving average is $212.54.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the company earned $2.06 EPS. Research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's payout ratio is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares of the company's stock, valued at $52,357.76. This represents a 47.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 sale, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

CBOE has been the topic of a number of research analyst reports. Loop Capital set a $260.00 target price on Cboe Global Markets in a research report on Wednesday, April 2nd. Barclays lifted their price target on Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Monday. Morgan Stanley raised Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price objective for the company in a report on Tuesday. The Goldman Sachs Group cut 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 report on Monday, January 6th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $219.30.

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.