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

Nomura Asset Management Co. Ltd. cut its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,588 shares of the company’s stock after selling 584 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Cboe Global Markets were worth $7,540,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CBOE. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the 4th quarter worth about $29,000. 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 bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $36,000. Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Cboe Global Markets in the 4th quarter worth approximately $39,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $226.06 on Tuesday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $227.22. The firm has a fifty day moving average of $210.42. The company has a market capitalization of $23.67 billion, a PE ratio of 31.31, a P/E/G ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 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 period in the previous year, the company earned $2.06 EPS. On average, research analysts forecast 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. Investors of record on Friday, February 28th were given a $0.63 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.11%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Analysts Set New Price Targets

A number of research analysts have issued reports on CBOE shares. Keefe, Bruyette & Woods reduced their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Bank of America increased their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group decreased 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 report on Thursday, January 9th. Finally, StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $206.86.

Insider Buying and Selling

In other news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on 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 in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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. This represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock valued at $2,380,529. Company insiders own 0.22% of the company’s stock.

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.