Cboe Global Markets, Inc. (NASDAQ:CBOE) Position Increased by Norinchukin Bank The

Norinchukin Bank The increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 8.9% during the fourth quarter, Holdings Channel reports. The fund owned 4,715 shares of the company’s stock after acquiring an additional 387 shares during the quarter. Norinchukin Bank The’s holdings in Cboe Global Markets were worth $921,000 at the end of the most recent quarter.

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

Cboe Global Markets Price Performance

Shares of CBOE opened at $214.39 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $234.37. The stock has a fifty day moving average price of $213.58. The company has a market cap of $22.45 billion, a P/E ratio of 29.69, a PEG ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data 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 posted $2.06 EPS. Analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business 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 was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. Cboe Global Markets’s payout ratio is 34.90%.

Insider Buying and Selling

In related news, CAO Allen Wilkinson sold 228 shares of the company’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 completion of the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction 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 sale, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % 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 valued at $2,380,529. 0.22% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CBOE shares. Oppenheimer increased their target price on shares of Cboe Global Markets from $233.00 to $237.00 and gave the stock an “outperform” rating in a research report on Friday, April 11th. Keefe, Bruyette & Woods reduced their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Jefferies Financial Group dropped 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. Loop Capital set a $260.00 price target on Cboe Global Markets in a research note on Wednesday, April 2nd. Finally, Morgan Stanley upgraded shares of Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 target price for the company in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $218.80.

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.