Rothschild Investment LLC Decreases Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Rothschild Investment LLC reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,279 shares of the company’s stock after selling 436 shares during the quarter. Rothschild Investment LLC’s holdings in Cboe Global Markets were worth $7,284,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Janus Henderson Group PLC lifted its position in shares of 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 acquiring an additional 5,216 shares in the last quarter. Tandem Investment Advisors Inc. lifted its position in Cboe Global Markets by 2.5% during the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock worth $162,347,000 after buying an additional 20,515 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Cboe Global Markets by 5.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock worth $131,510,000 after buying an additional 36,710 shares during the period. Nordea Investment Management AB lifted its position in Cboe Global Markets by 16.7% during the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after buying an additional 92,537 shares during the period. Finally, Barclays PLC lifted its position in Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after buying an additional 116,852 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

CBOE stock opened at $210.93 on Monday. 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, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The firm has a market capitalization of $22.08 billion, a price-to-earnings ratio of 29.21, a P/E/G ratio of 1.75 and a beta of 0.68. The company has a 50-day moving average of $199.97.

Cboe Global Markets (NASDAQ:CBOE) last posted its 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 last year, the business posted $2.06 earnings per share. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm 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 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction 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 trade represents a 9.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred 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 approximately $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,316 shares of company stock worth $2,332,393 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CBOE shares. Keefe, Bruyette & Woods reduced their target price 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. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday. William Blair began coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Oppenheimer dropped their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Finally, Barclays upped their price target on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Two equities research 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.com, the company presently has an average rating of “Hold” and an average target price of $206.86.

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.