TD Asset Management Inc. Buys 34,924 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

TD Asset Management Inc. increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 539,880 shares of the company’s stock after acquiring an additional 34,924 shares during the period. TD Asset Management Inc.’s holdings in Cboe Global Markets were worth $105,493,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. New York Life Investment Management LLC increased its stake in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock valued at $3,035,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC boosted its holdings in Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock valued at $893,000 after acquiring an additional 50 shares during the last quarter. Inspire Advisors LLC increased its position in Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock worth $611,000 after purchasing an additional 50 shares during the period. Pinnacle Financial Partners Inc raised its holdings in Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares during the last quarter. Finally, One Wealth Advisors LLC lifted its position in Cboe Global Markets by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Buying and Selling

In related news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CBOE has been the subject of several analyst reports. Barclays lifted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Keefe, Bruyette & Woods lowered their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Jefferies Financial Group reduced their price target 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. Finally, Oppenheimer dropped their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Up 0.6 %

Shares of CBOE stock opened at $214.22 on Wednesday. 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 12-month low of $166.13 and a 12-month high of $223.51. The company has a fifty day moving average price of $208.19. The firm has a market cap of $22.43 billion, a price-to-earnings ratio of 29.67, 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 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 in the prior year, the business earned $2.06 EPS. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

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.