Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Wambolt & Associates LLC

Wambolt & Associates LLC lowered its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 15.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,105 shares of the company’s stock after selling 1,524 shares during the quarter. Wambolt & Associates LLC’s holdings in Cboe Global Markets were worth $1,584,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CBOE. Zions Bancorporation N.A. increased its position in Cboe Global Markets by 52.8% in the 4th quarter. Zions Bancorporation N.A. now owns 3,137 shares of the company’s stock valued at $613,000 after acquiring an additional 1,084 shares during the period. TD Asset Management Inc. boosted its stake in Cboe Global Markets by 6.9% during the 4th quarter. TD Asset Management Inc. now owns 539,880 shares of the company’s stock valued at $105,493,000 after purchasing an additional 34,924 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after purchasing an additional 56,233 shares during the period. Stevens Capital Management LP raised its stake in shares of Cboe Global Markets by 45.1% in the 4th quarter. Stevens Capital Management LP now owns 1,582 shares of the company’s stock worth $309,000 after buying an additional 492 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Cboe Global Markets by 35.6% in the fourth quarter. LPL Financial LLC now owns 100,593 shares of the company’s stock valued at $19,656,000 after buying an additional 26,392 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. 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 report on Monday, January 13th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Keefe, Bruyette & Woods decreased their price target on shares of 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. Barclays increased their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Finally, William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two 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 $206.86.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $212.96 on Tuesday. The firm’s 50-day simple moving average is $207.77. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $223.51. The stock has a market cap of $22.30 billion, a PE ratio of 29.50, a PEG ratio of 1.75 and a beta of 0.67. 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 (NASDAQ:CBOE) last issued its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate 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 last year, the business earned $2.06 earnings per share. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

Insider Activity

In related news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following 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. In the last 90 days, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Company 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.