Lee Danner & Bass Inc. Takes Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lee Danner & Bass Inc. acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 150 shares of the company’s stock, valued at approximately $29,000.

Other large investors also recently modified their holdings of the company. Northwest & Ethical Investments L.P. increased its stake in shares of Cboe Global Markets by 76.5% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 76,807 shares of the company’s stock valued at $15,008,000 after buying an additional 33,299 shares during the period. Royal London Asset Management Ltd. increased its stake in shares of Cboe Global Markets by 5.5% in the 4th quarter. Royal London Asset Management Ltd. now owns 51,139 shares of the company’s stock valued at $9,993,000 after buying an additional 2,649 shares during the period. Xponance Inc. increased its stake in shares of Cboe Global Markets by 0.6% in the 4th quarter. Xponance Inc. now owns 15,361 shares of the company’s stock valued at $3,002,000 after buying an additional 88 shares during the period. Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $37,000. Finally, Advisors Asset Management Inc. grew its stake in shares of Cboe Global Markets by 16.2% during the fourth quarter. Advisors Asset Management Inc. now owns 14,016 shares of the company’s stock worth $2,739,000 after purchasing an additional 1,958 shares during the period. 82.67% of the stock is currently owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the stock in a transaction that occurred on 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 owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was 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 approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,544 shares of company stock worth $2,380,529. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Down 2.1 %

CBOE opened at $214.77 on Monday. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $223.51. The firm has a market capitalization of $22.49 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a 50 day simple moving average of $207.37. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data 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 firm earned $2.06 earnings per share. As a group, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.17%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Finally, Oppenheimer dropped their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Two 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

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.