Regal Investment Advisors LLC Sells 13,239 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Regal Investment Advisors LLC decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 61.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,395 shares of the company's stock after selling 13,239 shares during the period. Regal Investment Advisors LLC's holdings in Cboe Global Markets were worth $1,640,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock worth $96,613,000 after purchasing an additional 24,177 shares in the last quarter. Oak Harvest Investment Services purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at about $977,000. Forge First Asset Management Inc. bought a new stake in shares of Cboe Global Markets in the fourth quarter worth about $8,461,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after buying an additional 6,943 shares in the last quarter. Finally, Brentview Investment Management LLC bought a new position in Cboe Global Markets during the fourth quarter valued at approximately $3,278,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. The Goldman Sachs Group downgraded 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. Piper Sandler upped their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the company an "overweight" rating in a research note on Tuesday, April 8th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. William Blair assumed coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating on the stock. Finally, Barclays increased their price target on shares of Cboe Global Markets from $216.00 to $232.00 and gave the company an "equal weight" rating in a report on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of "Hold" and an average price target of $218.80.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the stock in a transaction on 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 transaction, the executive vice president now owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets 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 completion of 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 sold a total of 11,544 shares of company stock valued at $2,380,529 in the last three months. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE traded down $0.02 during trading hours on Monday, hitting $217.05. 98,243 shares of the company's stock traded hands, compared to its average volume of 870,376. The firm has a market cap of $22.73 billion, a price-to-earnings ratio of 30.06, a P/E/G ratio of 1.75 and a beta of 0.47. The firm has a fifty day simple moving average of $213.53. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year 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.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts' consensus estimates 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 previous year, the business posted $2.06 earnings per share. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. Cboe Global Markets's payout ratio is 34.90%.

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.