Sequoia Financial Advisors LLC Buys 385 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sequoia Financial Advisors LLC increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 19.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,395 shares of the company’s stock after acquiring an additional 385 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Cboe Global Markets were worth $468,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Cboe Global Markets in the fourth quarter worth $59,206,000. Amundi raised its stake in Cboe Global Markets by 27.2% during the 4th quarter. Amundi now owns 885,659 shares of the company’s stock worth $170,923,000 after buying an additional 189,280 shares during the period. Victory Capital Management Inc. lifted its holdings in Cboe Global Markets by 64.2% during the fourth quarter. Victory Capital Management Inc. now owns 391,636 shares of the company’s stock worth $76,526,000 after acquiring an additional 153,184 shares in the last quarter. E. Ohman J or Asset Management AB grew its stake in Cboe Global Markets by 4,157.6% in the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after acquiring an additional 151,961 shares during the period. Finally, abrdn plc grew its stake in Cboe Global Markets by 341.2% in the fourth quarter. abrdn plc now owns 190,017 shares of the company’s stock valued at $37,145,000 after acquiring an additional 146,945 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares of the company’s stock, 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 90 days. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Trading Up 1.4 %

Cboe Global Markets stock opened at $218.96 on Wednesday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a fifty day simple moving average of $205.88. The company has a market capitalization of $22.93 billion, a P/E ratio of 30.33, a P/E/G ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last announced 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the firm posted $2.06 earnings per share. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 34.90%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research note on Monday, January 6th. William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. Barclays raised their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Finally, Oppenheimer reduced 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 note on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Cboe Global Markets presently 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.