Bryn Mawr Capital Management LLC Makes New $228,000 Investment in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bryn Mawr Capital Management LLC acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOEFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,168 shares of the company’s stock, valued at approximately $228,000.

Several other hedge funds have also recently bought and sold shares of CBOE. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $36,000. TD Private Client Wealth LLC raised its position in shares of Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after buying an additional 222 shares in the last quarter. Trust Co. of Vermont raised its position in shares of Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after buying an additional 400 shares in the last quarter. Finally, Arcadia Investment Management Corp MI acquired a new position in Cboe Global Markets during the fourth quarter valued at approximately $98,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 over the last quarter. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on CBOE. The Goldman Sachs Group downgraded 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. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Oppenheimer decreased their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Barclays boosted their target price on shares of 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. Finally, Jefferies Financial Group decreased their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $206.86.

Check Out Our Latest Research Report on Cboe Global Markets

Cboe Global Markets Stock Up 1.3 %

CBOE stock opened at $208.00 on Friday. The firm has a market capitalization of $21.77 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a fifty day moving average price of $200.57.

Cboe Global Markets (NASDAQ:CBOEGet Free Report) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (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 last year, the business posted $2.06 earnings per share. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets’s payout ratio is 34.90%.

Cboe Global Markets Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (NASDAQ:CBOEFree Report).

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.