Vinva Investment Management Ltd Has $1.05 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Vinva Investment Management Ltd cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 35.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,354 shares of the company’s stock after selling 2,952 shares during the period. Vinva Investment Management Ltd’s holdings in Cboe Global Markets were worth $1,049,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $36,000. Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $37,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $39,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Cboe Global Markets by 40.5% during the fourth 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 period. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

CBOE stock opened at $219.42 on Friday. 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 firm has a market capitalization of $22.97 billion, a PE ratio of 30.39, a P/E/G ratio of 1.75 and a beta of 0.67. The stock’s 50-day moving average price is $206.90. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66.

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 earned $2.06 EPS. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CBOE. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Oppenheimer decreased their target price 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. Bank of America boosted their target price 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. Finally, Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $206.86.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of the company’s 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 sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % 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 worth $2,380,529. Corporate insiders own 0.22% of the company’s stock.

About Cboe Global Markets

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.