Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 48.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,878 shares of the company’s stock after purchasing an additional 34,746 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 0.10% of Cboe Global Markets worth $20,884,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Lee Danner & Bass Inc. acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $29,000. Kestra Investment Management LLC acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $36,000. Generali Asset Management SPA SGR bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. Institutional investors own 82.67% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, 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 sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at $52,357.76. The trade was a 47.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 over the last three months. Company insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on CBOE shares. Bank of America reiterated a “neutral” rating and issued a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Keefe, Bruyette & Woods reduced 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 note on Monday, January 13th. JPMorgan Chase & Co. restated 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 objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. Finally, Oppenheimer raised their target price on Cboe Global Markets from $233.00 to $237.00 and gave the company an “outperform” rating in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $218.80.

Cboe Global Markets Stock Up 0.4 %

Shares of CBOE stock opened at $213.59 on Friday. The company’s 50-day moving average price is $214.23. The company has a market capitalization of $22.36 billion, a PE ratio of 29.58, a P/E/G ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (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 firm posted $2.06 earnings per share. On average, sell-side analysts anticipate 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 announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s payout ratio is 34.90%.

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.