Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Kentucky Retirement Systems

Kentucky Retirement Systems decreased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,190 shares of the company’s stock after selling 99 shares during the quarter. Kentucky Retirement Systems’ holdings in Cboe Global Markets were worth $1,405,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after acquiring an additional 24,177 shares in the last quarter. Oak Harvest Investment Services acquired a new stake in Cboe Global Markets in the fourth quarter valued at approximately $977,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after acquiring an additional 6,943 shares in the last quarter. Brentview Investment Management LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $3,278,000. Finally, Triasima Portfolio Management inc. acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $1,196,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $210.93 on Monday. The firm has a fifty day simple moving average of $199.97. The firm has a market cap of $22.08 billion, a PE ratio of 29.21, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. 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 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 net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the firm earned $2.06 earnings per share. Analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share 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. Shareholders 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 annualized dividend and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were 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 of the company’s stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,316 shares of company stock valued at $2,332,393. 0.22% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CBOE shares. Oppenheimer cut their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Jefferies Financial Group cut their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Keefe, Bruyette & Woods cut their price objective on shares of 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. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday. Finally, The Goldman Sachs Group cut shares of 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. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price 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.