Nicolet Advisory Services LLC Acquires 140 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Nicolet Advisory Services LLC grew its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 12.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,280 shares of the company’s stock after acquiring an additional 140 shares during the period. Nicolet Advisory Services LLC’s holdings in Cboe Global Markets were worth $244,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after acquiring an additional 24,177 shares in the last quarter. Oak Harvest Investment Services acquired a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $977,000. Forge First Asset Management Inc. bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after purchasing an additional 6,943 shares in the last quarter. Finally, Brentview Investment Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth approximately $3,278,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of recent research reports. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Oppenheimer dropped their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Bank of America boosted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group reduced their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Two 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’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $215.05 on Friday. The firm’s 50 day moving average price is $212.29. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market capitalization of $22.52 billion, a PE ratio of 29.79, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data 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 quarter in the prior year, the firm posted $2.06 earnings per share. Analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

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

Insider Activity

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm’s 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 in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock worth $2,380,529 in the last 90 days. Corporate insiders own 0.22% of the company’s stock.

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.