Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Martin Investment Management LLC

Martin Investment Management LLC cut its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 13.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,466 shares of the company's stock after selling 5,308 shares during the quarter. Cboe Global Markets makes up 1.8% of Martin Investment Management LLC's portfolio, making the stock its 19th largest position. Martin Investment Management LLC's holdings in Cboe Global Markets were worth $6,735,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Alliancebernstein L.P. raised its position in shares of Cboe Global Markets by 208.4% in the fourth 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 in the last quarter. Norges Bank bought a new position in shares of Cboe Global Markets in the 4th quarter worth about $269,524,000. Raymond James Financial Inc. bought a new stake in Cboe Global Markets in the fourth quarter valued at $59,206,000. Arrowstreet Capital Limited Partnership raised its holdings in Cboe Global Markets by 270.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock worth $58,559,000 after buying an additional 218,865 shares during the last quarter. Finally, Amundi lifted its position in Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company's stock valued at $170,923,000 after acquiring an additional 189,280 shares in the last quarter. Institutional investors own 82.67% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CBOE. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Jefferies Financial Group cut their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. Oppenheimer dropped their price objective on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Finally, StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus price target of $215.50.

Insider Buying and Selling

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction 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 transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares of the company's stock, 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. Over the last three months, insiders sold 11,544 shares of company stock worth $2,380,529. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded down $7.23 on Monday, hitting $207.86. 970,199 shares of the stock were exchanged, compared to its average volume of 829,426. The business has a fifty day moving average price of $212.29. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $234.37. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 28.79, a P/E/G ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (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 quarter last year, the business posted $2.06 EPS. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Friday, February 28th. 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.