Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Bought by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 76.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,807 shares of the company's stock after acquiring an additional 33,299 shares during the period. Northwest & Ethical Investments L.P. owned approximately 0.07% of Cboe Global Markets worth $15,008,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. Kestra Investment Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter worth $36,000. Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $37,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $39,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after buying an additional 62 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded down $1.81 on Monday, hitting $212.96. The company's stock had a trading volume of 1,015,719 shares, compared to its average volume of 811,686. The firm has a market cap of $22.30 billion, a P/E ratio of 29.50, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $223.51. 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 firm's fifty day moving average is $207.77.

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Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced 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 return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company earned $2.06 EPS. As a group, analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's payout ratio is 34.90%.

Insider Activity

In other news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 directly owns 8,025 shares of the company's stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. The trade was 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 worth $2,380,529 over the last 90 days. 0.22% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CBOE has been the subject of a number of research reports. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Jefferies Financial Group dropped their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research report on Thursday, January 9th. Bank of America boosted their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research report on Monday, February 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $206.86.

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.