Tredje AP fonden Decreases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tredje AP fonden cut its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 50.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,299 shares of the company's stock after selling 8,298 shares during the quarter. Tredje AP fonden's holdings in Cboe Global Markets were worth $1,622,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Cboe Global Markets by 192.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 111,164 shares of the company's stock valued at $21,721,000 after buying an additional 73,107 shares in the last quarter. Forge First Asset Management Inc. purchased a new position in Cboe Global Markets in the 4th quarter valued at about $8,461,000. EverSource Wealth Advisors LLC raised its holdings in Cboe Global Markets by 72.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 302 shares of the company's stock valued at $59,000 after acquiring an additional 127 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Cboe Global Markets by 19.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,395 shares of the company's stock valued at $468,000 after acquiring an additional 385 shares during the last quarter. Finally, Inspire Advisors LLC raised its holdings in Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after acquiring an additional 50 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Bank of America raised their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Oppenheimer cut 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. Jefferies Financial Group cut their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. William Blair began coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a "market perform" rating for the company. Finally, The Goldman Sachs Group cut shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. Two 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. According to MarketBeat, Cboe Global Markets has a consensus rating of "Hold" and an average target price of $206.86.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm'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 transaction, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 sale, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 in the last 90 days. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE traded down $1.99 during mid-day trading on Wednesday, reaching $217.67. 722,694 shares of the company were exchanged, compared to its average volume of 796,811. 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, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a market cap of $22.79 billion, a price-to-earnings ratio of 30.15, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a 50-day moving average price of $205.88.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the firm posted $2.06 earnings per share. On average, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

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 $0.63 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.16%. Cboe Global Markets's dividend payout ratio 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.