Global Retirement Partners LLC Acquires 618 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Global Retirement Partners LLC lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 63.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,589 shares of the company’s stock after purchasing an additional 618 shares during the quarter. Global Retirement Partners LLC’s holdings in Cboe Global Markets were worth $311,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. E. Ohman J or Asset Management AB lifted its stake in Cboe Global Markets by 4,157.6% in the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after buying an additional 151,961 shares in the last quarter. abrdn plc raised its holdings in shares of Cboe Global Markets by 341.2% during the fourth quarter. abrdn plc now owns 190,017 shares of the company’s stock worth $37,145,000 after acquiring an additional 146,945 shares during the period. Barclays PLC lifted its position in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after acquiring an additional 116,852 shares in the last quarter. Nordea Investment Management AB boosted its stake in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after purchasing an additional 92,537 shares during the period. Finally, Harmony Asset Management LLC bought a new position in Cboe Global Markets during the 3rd quarter worth about $15,175,000. 82.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CBOE shares. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. William Blair initiated coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Jefferies Financial Group reduced their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Down 0.1 %

NASDAQ:CBOE opened at $210.79 on Tuesday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The firm has a market cap of $22.07 billion, a price-to-earnings ratio of 29.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business’s 50 day moving average is $200.27.

Cboe Global Markets (NASDAQ:CBOE) last issued its 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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the company earned $2.06 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.20%. Cboe Global Markets’s payout ratio is 34.90%.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction 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 sale, 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,316 shares of company stock worth $2,332,393. Insiders own 0.22% of the company’s stock.

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.