Sei Investments Co. Acquires 2,994 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sei Investments Co. increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 78,400 shares of the company's stock after purchasing an additional 2,994 shares during the quarter. Sei Investments Co. owned approximately 0.07% of Cboe Global Markets worth $15,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its stake in shares of Cboe Global Markets by 39.4% in the fourth quarter. American Century Companies Inc. now owns 155,286 shares of the company's stock worth $30,343,000 after buying an additional 43,855 shares during the last quarter. Geo Capital Gestora de Recursos Ltd raised its holdings in Cboe Global Markets by 513.7% in the 4th quarter. Geo Capital Gestora de Recursos Ltd now owns 12,899 shares of the company's stock worth $2,520,000 after acquiring an additional 10,797 shares during the period. Mizuho Securities USA LLC lifted its position in Cboe Global Markets by 46.2% during the 4th quarter. Mizuho Securities USA LLC now owns 9,922 shares of the company's stock worth $1,939,000 after acquiring an additional 3,137 shares during the last quarter. Virtu Financial LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $868,000. Finally, Summit Global Investments acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $591,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The shares were 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 owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 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. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

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Cboe Global Markets Stock Performance

Shares of CBOE stock traded up $3.38 during mid-day trading on Monday, reaching $226.06. The company's stock had a trading volume of 941,799 shares, compared to its average volume of 805,661. The firm's 50-day moving average is $209.79. The company has a market capitalization of $23.67 billion, a P/E ratio of 31.31, a P/E/G 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 $227.22. 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 posted its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (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 quarter last year, the business posted $2.06 earnings per share. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.11%. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CBOE shares. Oppenheimer cut their price objective on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Barclays upped their price target on Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a report on Monday, February 10th. Bank of America raised 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. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. Finally, The Goldman Sachs Group downgraded shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Cboe Global Markets has an average rating of "Hold" and an average target price of $206.86.

About Cboe Global Markets

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.