T. Rowe Price Investment Management Inc. Boosts Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

T. Rowe Price Investment Management Inc. lifted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,015,179 shares of the company's stock after acquiring an additional 126,721 shares during the quarter. T. Rowe Price Investment Management Inc. owned 3.84% of Cboe Global Markets worth $784,566,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Lee Danner & Bass Inc. purchased a new stake in Cboe Global Markets during the 4th quarter worth approximately $29,000. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets in the fourth quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at $36,000. Generali Asset Management SPA SGR bought a new position in Cboe Global Markets during the 4th quarter valued at $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth about $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets 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 transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares of the company's stock, valued at $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. Over the last quarter, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Bank of America reaffirmed a "neutral" rating and set a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Oppenheimer increased their target price on Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a report on Friday, April 11th. Barclays boosted their price target on Cboe Global Markets from $216.00 to $232.00 and gave the company an "equal weight" rating in a report on Monday, April 7th. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, 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. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $218.80.

Cboe Global Markets Stock Down 0.1 %

Shares of NASDAQ:CBOE opened at $214.07 on Wednesday. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market cap of $22.41 billion, a P/E ratio of 29.65, a PEG ratio of 1.75 and a beta of 0.47. The firm has a 50-day moving average price of $213.70.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the firm posted $2.06 EPS. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. 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 1.18%. Cboe Global Markets's dividend payout ratio (DPR) is presently 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.

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