New York Life Investment Management LLC Has $3.04 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

New York Life Investment Management LLC lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,531 shares of the company’s stock after acquiring an additional 48 shares during the quarter. New York Life Investment Management LLC’s holdings in Cboe Global Markets were worth $3,035,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of CBOE. Bryn Mawr Capital Management LLC acquired a new stake in Cboe Global Markets during the fourth quarter valued at $228,000. Advisor OS LLC boosted its position in Cboe Global Markets by 81.3% during the fourth quarter. Advisor OS LLC now owns 1,827 shares of the company’s stock valued at $357,000 after purchasing an additional 819 shares during the last quarter. Cavalier Investments LLC boosted its position in Cboe Global Markets by 4.1% during the fourth quarter. Cavalier Investments LLC now owns 9,652 shares of the company’s stock valued at $1,886,000 after purchasing an additional 384 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in Cboe Global Markets by 13.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock valued at $148,607,000 after purchasing an additional 91,694 shares during the last quarter. Finally, Stack Financial Management Inc acquired a new stake in Cboe Global Markets during the fourth quarter valued at $21,290,000. 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 Cboe Global Markets stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 value of $48,135.36. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,544 shares of company stock worth $2,380,529. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Oppenheimer reduced their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Finally, William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $210.80 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company’s 50-day moving average is $201.24. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $22.07 billion, a price-to-earnings ratio of 29.20, a P/E/G ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last posted 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 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 earnings per share. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.20%. Cboe Global Markets’s payout ratio is presently 34.90%.

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.