Cookson Peirce & Co. Inc. raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 36.5% in the 4th quarter, Holdings Channel reports. The fund owned 4,591 shares of the company’s stock after acquiring an additional 1,228 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Cboe Global Markets were worth $897,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in CBOE. Erste Asset Management GmbH acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $158,000. Benjamin Edwards Inc. lifted its stake in shares of Cboe Global Markets by 5,967.5% in the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after purchasing an additional 29,778 shares during the period. Coastwise Capital Group LLC acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $216,000. Finally, Harmony Asset Management LLC acquired a new position in Cboe Global Markets during the third quarter worth about $15,175,000. Institutional investors and hedge funds own 82.67% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Barclays lifted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Oppenheimer lowered their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Finally, William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $206.86.
Cboe Global Markets Stock Up 0.6 %
Shares of CBOE stock opened at $212.62 on Thursday. The firm has a market capitalization of $22.26 billion, a PE ratio of 29.45, a price-to-earnings-growth 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, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The firm’s 50 day simple moving average is $202.02.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last posted its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates 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 quarter last year, the firm earned $2.06 EPS. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.
Cboe Global Markets Announces Dividend
The firm also recently announced 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 of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.19%. Cboe Global Markets’s payout ratio is 34.90%.
Insider Buying and Selling at Cboe Global Markets
In other news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. This represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock worth $2,380,529 over the last 90 days. Insiders own 0.22% of the company’s stock.
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.
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