Kohmann Bosshard Financial Services LLC Takes Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 200 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors have also recently made changes to their positions in the company. Janus Henderson Group PLC grew its position in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after purchasing an additional 5,216 shares in the last quarter. Tandem Investment Advisors Inc. grew its position in Cboe Global Markets by 2.5% in the fourth quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock worth $162,347,000 after acquiring an additional 20,515 shares in the last quarter. Los Angeles Capital Management LLC grew its position in Cboe Global Markets by 13.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock worth $148,607,000 after acquiring an additional 91,694 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in Cboe Global Markets by 5.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock worth $131,510,000 after acquiring an additional 36,710 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after acquiring an additional 92,537 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Jefferies Financial Group dropped their price target on 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. William Blair assumed coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating for the company. Bank of America lifted their price target 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. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. 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 company has an average rating of “Hold” and an average price target of $206.86.

Insider Activity

In other news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares of the company’s stock, 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 Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $215.08 on Tuesday. 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 capitalization of $22.52 billion, a P/E ratio of 29.79, a P/E/G ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a 50-day moving average price of $201.24.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the company posted $2.06 EPS. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is presently 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.