American Century Companies Inc. Acquires 43,855 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

American Century Companies Inc. boosted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 39.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,286 shares of the company’s stock after purchasing an additional 43,855 shares during the period. American Century Companies Inc.’s holdings in Cboe Global Markets were worth $30,343,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CBOE. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at about $31,000. Sugar Maple Asset Management LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at about $36,000. Generali Asset Management SPA SGR bought a new position in shares of Cboe Global Markets in the fourth quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $39,000. Institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CBOE. Jefferies Financial Group dropped their price objective on shares of 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. Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Barclays boosted their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Finally, Oppenheimer cut 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 report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $206.86.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated 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 in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated Thursday, February 20th. The stock was 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 owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 in the last quarter. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Trading Up 1.1 %

NASDAQ:CBOE opened at $222.68 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $223.51. The firm has a market capitalization of $23.32 billion, a price-to-earnings ratio of 30.84, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The firm has a 50-day moving average of $209.79.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the company earned $2.06 earnings per share. Sell-side analysts predict 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 declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.13%. Cboe Global Markets’s dividend payout ratio is 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.