West Family Investments Inc. Sells 285 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

West Family Investments Inc. decreased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 8.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,049 shares of the company’s stock after selling 285 shares during the period. West Family Investments Inc.’s holdings in Cboe Global Markets were worth $596,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Janus Henderson Group PLC raised its stake in Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares during the period. Tandem Investment Advisors Inc. raised its stake in Cboe Global Markets by 2.5% in the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock valued at $162,347,000 after buying an additional 20,515 shares during the period. Los Angeles Capital Management LLC raised its stake in Cboe Global Markets by 13.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock valued at $148,607,000 after buying an additional 91,694 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Cboe Global Markets by 5.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock valued at $131,510,000 after buying an additional 36,710 shares during the period. Finally, Nordea Investment Management AB raised its stake in Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the period. Institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays upped their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Oppenheimer lowered their target price on 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. Bank of America increased their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research note on Monday, January 6th. Finally, StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday. Two 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. According to MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price of $206.86.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, 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 completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. This represents a 9.12 % 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 in the last 90 days. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $213.00 on Friday. The business’s fifty day moving average is $202.38. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market cap of $22.30 billion, a price-to-earnings ratio of 29.50, a PEG ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS 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 period in the prior year, the business posted $2.06 EPS. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

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.