Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Dave Howson Sells 11,036 Shares

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Dave Howson sold 11,036 shares of the 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 directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $202.33 on Friday. The firm has a market capitalization of $21.18 billion, a PE ratio of 27.57, a P/E/G ratio of 2.14 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average price of $199.36. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly 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 19.65% and a return on equity of 22.33%. During the same quarter last year, the firm posted $2.06 earnings per share. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Institutional Trading of Cboe Global Markets

A number of hedge funds have recently modified their holdings of CBOE. Erste Asset Management GmbH acquired a new stake in shares of Cboe Global Markets during the 3rd quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets during the 3rd quarter worth about $158,000. Benjamin Edwards Inc. raised its stake in Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC acquired a new stake in Cboe Global Markets in the 3rd quarter worth about $216,000. Finally, Harmony Asset Management LLC acquired a new stake in Cboe Global Markets in the 3rd quarter worth about $15,175,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CBOE shares. Oppenheimer decreased their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. William Blair started coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating for the company. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, 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 report on Monday, February 10th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price 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.