Barclays PLC Has $45.40 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Barclays PLC trimmed its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 56.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,335 shares of the company’s stock after selling 302,949 shares during the quarter. Barclays PLC’s holdings in Cboe Global Markets were worth $45,400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Savvy Advisors Inc. bought a new position in Cboe Global Markets in the fourth quarter valued at about $271,000. BTG Pactual Asset Management US LLC acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $1,124,000. Sagespring Wealth Partners LLC acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $204,000. Optimize Financial Inc bought a new position in Cboe Global Markets in the 4th quarter valued at approximately $309,000. Finally, Distillate Capital Partners LLC boosted its position in Cboe Global Markets by 7.7% during the 4th quarter. Distillate Capital Partners LLC now owns 82,952 shares of the company’s stock worth $16,209,000 after buying an additional 5,937 shares during the period. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $217.07 on Friday. The firm has a market capitalization of $22.73 billion, a PE ratio of 30.07, a P/E/G ratio of 1.75 and a beta of 0.47. The business’s 50 day simple moving average is $213.20. 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 one year low of $166.13 and a one year high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data 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 quarter last year, the company posted $2.06 EPS. Equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders 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 dividend yield of 1.16%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on Thursday, February 20th. The stock was 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 in the company, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CBOE. Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a research report on Wednesday, April 2nd. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Bank of America reaffirmed a “neutral” rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Piper Sandler increased their price target on Cboe Global Markets from $230.00 to $234.00 and gave the company an “overweight” rating in a research note on Tuesday, April 8th. Finally, William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $218.80.

Cboe Global Markets 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.