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Northwest & Ethical Investments L.P. Acquires 33,299 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

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Northwest & Ethical Investments L.P. raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 76.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,807 shares of the company's stock after acquiring an additional 33,299 shares during the quarter. 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 and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of CBOE. Kestra Investment Management LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter worth $36,000. Generali Asset Management SPA SGR purchased a new position in shares of Cboe Global Markets during the 4th quarter worth $37,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter worth $39,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock worth $42,000 after acquiring an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the business'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 sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. The trade was a 9.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,544 shares of company stock worth $2,380,529. Insiders own 0.22% of the company's stock.

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Cboe Global Markets Stock Down 2.1 %

NASDAQ CBOE traded down $4.65 on Friday, reaching $214.77. The company had a trading volume of 1,526,584 shares, compared to its average volume of 807,909. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock has a market cap of $22.49 billion, a PE ratio of 29.75, a PEG ratio of 1.75 and a beta of 0.67. The stock's 50 day moving average is $207.37. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $223.51.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced 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 in the prior year, the company earned $2.06 earnings per share. On average, research 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. Shareholders of record on Friday, February 28th were issued a $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.17%. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CBOE. Bank of America lifted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. 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 research note on Monday, January 6th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating on the stock. JPMorgan Chase & Co. restated an "underweight" rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Oppenheimer lowered their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets has an average rating of "Hold" and an average target price of $206.86.

Read Our Latest Report on Cboe Global Markets

Cboe Global Markets Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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