Cavalier Investments LLC Has $1.89 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cavalier Investments LLC lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,652 shares of the company’s stock after acquiring an additional 384 shares during the quarter. Cavalier Investments LLC’s holdings in Cboe Global Markets were worth $1,886,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CBOE. Kestra Investment Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth $36,000. TD Private Client Wealth LLC lifted its holdings in Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares in the last quarter. Trust Co. of Vermont lifted its holdings in Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after buying an additional 400 shares in the last quarter. Finally, Arcadia Investment Management Corp MI bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $98,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on CBOE. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Barclays upped their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th. Finally, Keefe, Bruyette & Woods dropped 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 research 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 issued a buy rating to the company. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Down 1.3 %

CBOE opened at $208.06 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a fifty day moving average price of $200.47. The company has a market cap of $21.78 billion, a PE ratio of 28.82, a P/E/G ratio of 1.75 and a beta of 0.68.

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

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 11,036 shares of the 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 transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the firm’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 completion of the transaction, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. The trade was a 9.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,316 shares of company stock worth $2,332,393. Corporate insiders own 0.22% of the company’s stock.

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.