Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 8.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,080 shares of the company's stock after selling 10,569 shares during the quarter. Thrivent Financial for Lutherans owned 0.11% of Cboe Global Markets worth $23,088,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CBOE. Kestra Investment Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $36,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $39,000. Jones Financial Companies Lllp grew its holdings in shares of Cboe Global Markets by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after purchasing an additional 62 shares in the last quarter. Finally, Avalon Trust Co purchased a new stake in Cboe Global Markets during the 4th quarter worth approximately $46,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction that occurred on 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 approximately $417,872.31. This represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,544 shares of company stock worth $2,380,529. Corporate insiders own 0.22% of the company's stock.

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Cboe Global Markets Stock Up 0.6 %

CBOE traded up $1.26 on Tuesday, reaching $214.22. The company's stock had a trading volume of 681,205 shares, compared to its average volume of 809,355. The company has a market capitalization of $22.43 billion, a P/E ratio of 29.67, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $223.51. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The business has a 50 day simple moving average of $207.77.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share 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 in the previous year, the company posted $2.06 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company 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 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's payout ratio is 34.90%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays boosted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research note on Monday, February 10th. The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. Keefe, Bruyette & Woods cut their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research note on Monday, January 13th. Finally, StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $206.86.

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.