Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by AGF Management Ltd.

AGF Management Ltd. lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,911 shares of the company’s stock after selling 2,145 shares during the quarter. AGF Management Ltd.’s holdings in Cboe Global Markets were worth $3,891,000 at the end of the most recent quarter.

Several other institutional investors and 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 during the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $36,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $39,000. Jones Financial Companies Lllp raised its position in shares of Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after purchasing an additional 62 shares during the period. Finally, TD Private Client Wealth LLC raised its position in shares of Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction 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 in the company, valued at approximately $52,357.76. This represents a 47.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

CBOE has been the topic of a number of research reports. Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Bank of America increased their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Two equities 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $208.50 on Thursday. The firm’s fifty day moving average price is $203.82. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $21.83 billion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the business earned $2.06 EPS. On average, research analysts predict 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 will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 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.