Sei Investments Co. Raises Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sei Investments Co. boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,400 shares of the company’s stock after buying an additional 2,994 shares during the period. Sei Investments Co.’s holdings in Cboe Global Markets were worth $15,319,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of CBOE. Lee Danner & Bass Inc. purchased a new stake in shares of Cboe Global Markets during the 4th quarter worth $29,000. Kestra Investment Management LLC bought a new position in Cboe Global Markets in the fourth quarter worth about $31,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at about $36,000. Generali Asset Management SPA SGR purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $222.68 on Friday. The company’s 50-day moving average price is $209.79. 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 stock has a market cap of $23.32 billion, a P/E ratio of 30.84, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $223.51.

Cboe Global Markets (NASDAQ:CBOE) last issued 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the business posted $2.06 earnings per share. As a group, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.63 dividend. 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 1.13%. Cboe Global Markets’s payout ratio is currently 34.90%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated 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 sale, the executive vice president now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. The trade was a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 over the last 90 days. Insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CBOE. JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays increased their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Keefe, Bruyette & Woods decreased their price target on 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. Finally, StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. 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 company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.