Quantbot Technologies LP Has $591,000 Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Quantbot Technologies LP lessened its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 92.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,025 shares of the company's stock after selling 35,930 shares during the quarter. Quantbot Technologies LP's holdings in Cboe Global Markets were worth $591,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Erste Asset Management GmbH acquired a new stake in shares of Cboe Global Markets in the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets in the 3rd quarter worth approximately $158,000. Benjamin Edwards Inc. lifted its holdings in Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company's stock worth $6,203,000 after purchasing an additional 29,778 shares during the last quarter. Coastwise Capital Group LLC bought a new stake in Cboe Global Markets during the third quarter worth approximately $216,000. Finally, Harmony Asset Management LLC acquired a new position in Cboe Global Markets during the third quarter valued at approximately $15,175,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Bank of America boosted their price objective 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. Barclays boosted their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research report on Monday, February 10th. Oppenheimer decreased their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a report on Monday, January 13th. The Goldman Sachs Group lowered Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective on the stock. in a research note on Monday, January 6th. Finally, Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $206.86.

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Insider Activity

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares of the company's stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. 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. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE traded up $1.62 during mid-day trading on Monday, hitting $224.30. The company had a trading volume of 367,403 shares, compared to its average volume of 795,875. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $227.22. The company has a market cap of $23.48 billion, a price-to-earnings ratio of 31.07, a P/E/G ratio of 1.75 and a beta of 0.67. The firm's 50-day moving average price is $209.79. 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 (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $2.10 EPS 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 in the prior year, the firm earned $2.06 earnings per share. As a group, sell-side analysts predict 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 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's payout ratio is 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.