Tredje AP fonden Sells 8,298 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tredje AP fonden reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 50.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,299 shares of the company’s stock after selling 8,298 shares during the quarter. Tredje AP fonden’s holdings in Cboe Global Markets were worth $1,622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. Kestra Investment Management LLC bought a new stake in Cboe Global Markets during the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC bought a new stake in Cboe Global Markets during the 4th quarter worth about $36,000. Kohmann Bosshard Financial Services LLC bought a new stake in Cboe Global Markets during the 4th quarter worth about $39,000. Jones Financial Companies Lllp raised its holdings in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after purchasing an additional 62 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Cboe Global Markets by 72.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 302 shares of the company’s stock worth $59,000 after purchasing an additional 127 shares during the last quarter. 82.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % 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 in the last quarter. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $213.95 on Friday. The business’s 50 day simple moving average is $204.46. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. 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 company has a market cap of $22.40 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 in the prior year, the firm earned $2.06 EPS. On average, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. Cboe Global Markets’s payout ratio is 34.90%.

Wall Street Analyst Weigh In

CBOE has been the subject of several recent research reports. Jefferies Financial Group dropped their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Bank of America upped their price target on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Barclays upped their price target on 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. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, Oppenheimer lowered their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $206.86.

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.