CIBC Private Wealth Group LLC Sells 943 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

CIBC Private Wealth Group LLC lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,447 shares of the company’s stock after selling 943 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Cboe Global Markets were worth $2,209,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CBOE. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets during the 3rd quarter worth approximately $158,000. Benjamin Edwards Inc. raised its position in shares of Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after purchasing an additional 29,778 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Cboe Global Markets by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Cboe Global Markets in the 3rd quarter worth $881,000. Finally, Investment Management Corp of Ontario increased its stake in Cboe Global Markets by 10.1% in the 3rd quarter. Investment Management Corp of Ontario now owns 13,112 shares of the company’s stock worth $2,686,000 after buying an additional 1,200 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Down 0.2 %

Shares of NASDAQ:CBOE opened at $224.48 on Thursday. The business has a fifty day simple moving average of $211.51. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $228.01. 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 stock has a market cap of $23.50 billion, a PE ratio of 31.09, a P/E/G ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS 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 previous year, the business posted $2.06 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared 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 was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.12%. Cboe Global Markets’s payout ratio is presently 34.90%.

Insider Buying and Selling

In other news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on 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 owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction 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 represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock worth $2,380,529 over the last three months. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

CBOE has been the subject of a number of recent analyst 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 research note on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Barclays boosted their target price 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. Oppenheimer cut 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. Finally, William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average 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.