Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 75.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,790 shares of the company's stock after selling 80,522 shares during the quarter. Hancock Whitney Corp's holdings in Cboe Global Markets were worth $5,039,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after buying an additional 56,233 shares during the last quarter. Alliancebernstein L.P. raised its position in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in shares of Cboe Global Markets by 3.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock valued at $784,566,000 after purchasing an additional 126,721 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 valued at $535,994,000 after purchasing an additional 44,291 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Cboe Global Markets by 2.5% in the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after purchasing an additional 38,587 shares during the period. Institutional investors own 82.67% of the company's stock.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction 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 completion of the sale, the executive vice president now owns 8,025 shares of the company's stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated 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 in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 over the last quarter. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CBOE. Jefferies Financial Group lowered their price target 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. Barclays lifted their price target 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. Loop Capital set a $260.00 target price on Cboe Global Markets in a research note on Wednesday, April 2nd. Keefe, Bruyette & Woods dropped their price objective on 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. Finally, William Blair began coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $218.80.

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded up $0.91 during midday trading on Friday, hitting $213.59. 640,090 shares of the company's stock were exchanged, compared to its average volume of 882,051. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $22.36 billion, a P/E ratio of 29.58, a PEG ratio of 1.75 and a beta of 0.47. The business's 50-day moving average price is $214.23.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the business earned $2.06 EPS. As a group, equities analysts expect 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 was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is currently 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.