Allen Wilkinson Sells 228 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) CAO Allen Wilkinson sold 228 shares of the business’s 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 sale, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $208.00 on Friday. The stock has a 50 day moving average of $200.57. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The stock has a market capitalization of $21.77 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. 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 (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 return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company posted $2.06 earnings per share. On average, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Hedge Funds Weigh In On Cboe Global Markets

A number of hedge funds have recently added to or reduced their stakes in CBOE. Erste Asset Management GmbH acquired a new position in Cboe Global Markets in the third quarter worth approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cboe Global Markets during the third quarter valued at approximately $158,000. Benjamin Edwards Inc. grew its holdings in Cboe Global Markets by 5,967.5% during the third 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 last quarter. Coastwise Capital Group LLC acquired a new position in Cboe Global Markets during the third quarter valued at approximately $216,000. Finally, Harmony Asset Management LLC acquired a new position in Cboe Global Markets during the third quarter valued at approximately $15,175,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CBOE. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Barclays boosted their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. Bank of America boosted their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Finally, Jefferies Financial Group cut their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $206.86.

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.