Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 55.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,252 shares of the company’s stock after acquiring an additional 2,229 shares during the quarter. Sterling Capital Management LLC’s holdings in Cboe Global Markets were worth $1,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in CBOE. Lee Danner & Bass Inc. purchased a new position in Cboe Global Markets in the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $36,000. Generali Asset Management SPA SGR purchased a new position in shares of Cboe Global Markets in the 4th quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Cboe Global Markets in the 4th quarter worth about $39,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock worth $2,380,529 in the last quarter. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the topic of several research analyst reports. Oppenheimer raised their price objective on Cboe Global Markets from $233.00 to $237.00 and gave the company an “outperform” rating in a report on Friday, April 11th. Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a report on Wednesday, April 2nd. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. William Blair assumed coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, Barclays upped their price target on shares of Cboe Global Markets from $216.00 to $232.00 and gave the stock an “equal weight” rating in a research report on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $218.80.

Cboe Global Markets Trading Up 0.4 %

CBOE opened at $217.95 on Wednesday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $234.37. The firm has a market capitalization of $22.82 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 1.75 and a beta of 0.47. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock’s 50-day simple moving average is $213.07.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate 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 EPS. As a group, 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 business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

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.