BI Asset Management Fondsmaeglerselskab A S Grows Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

BI Asset Management Fondsmaeglerselskab A S lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 17,761 shares of the company’s stock after acquiring an additional 521 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Cboe Global Markets were worth $3,470,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets in the fourth quarter worth about $29,000. Kestra Investment Management LLC purchased a new position in Cboe Global Markets during the 4th quarter valued at $31,000. Sugar Maple Asset Management LLC bought a new position in Cboe Global Markets in the 4th quarter valued at $36,000. Generali Asset Management SPA SGR purchased a new stake in Cboe Global Markets in the fourth quarter worth $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth $39,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Piper Sandler upped their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. 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 research note on Monday, January 6th. Bank of America reissued a “neutral” rating and issued a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Loop Capital set a $260.00 target price on Cboe Global Markets in a research report on Wednesday, April 2nd. Finally, Jefferies Financial Group dropped their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $218.80.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $217.07 on Monday. The stock’s fifty day moving average is $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. The stock has a market cap of $22.73 billion, a PE ratio of 30.07, a P/E/G ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE) last released 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 business earned $2.06 EPS. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.16%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the company’s 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 transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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 completion of the sale, 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 three months, insiders have sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

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.