TD Asset Management Inc. Purchases 34,924 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

TD Asset Management Inc. boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 539,880 shares of the company’s stock after buying an additional 34,924 shares during the quarter. TD Asset Management Inc. owned approximately 0.52% of Cboe Global Markets worth $105,493,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CBOE. Raymond James Financial Inc. acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $59,206,000. Amundi boosted its stake in Cboe Global Markets by 27.2% during the 4th quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after purchasing an additional 189,280 shares during the period. Victory Capital Management Inc. grew its holdings in Cboe Global Markets by 64.2% in the 4th quarter. Victory Capital Management Inc. now owns 391,636 shares of the company’s stock valued at $76,526,000 after buying an additional 153,184 shares during the last quarter. E. Ohman J or Asset Management AB increased its position in Cboe Global Markets by 4,157.6% in the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock worth $30,407,000 after buying an additional 151,961 shares during the period. Finally, abrdn plc lifted its holdings in shares of Cboe Global Markets by 341.2% during the fourth quarter. abrdn plc now owns 190,017 shares of the company’s stock worth $37,145,000 after buying an additional 146,945 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 0.6 %

NASDAQ:CBOE opened at $214.22 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business has a 50-day simple moving average of $208.19. The firm has a market capitalization of $22.43 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $223.51.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the firm earned $2.06 earnings per share. On average, research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued 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 1.18%. Cboe Global Markets’s payout ratio is presently 34.90%.

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 value of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, 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 the stock in a transaction that occurred 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 sale, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,544 shares of company stock worth $2,380,529. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CBOE. Barclays raised their price objective on shares of 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. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Finally, William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average 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.