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 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. This represents a 47.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Cboe Global Markets Price Performance

CBOE stock traded down $2.75 during midday trading on Wednesday, hitting $205.31. The stock had a trading volume of 1,139,978 shares, compared to its average volume of 759,999. The company has a market cap of $21.49 billion, a price-to-earnings ratio of 28.44, a PEG 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 current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $200.47.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the company earned $2.06 EPS. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Analyst Ratings Changes

A number of equities analysts have weighed in on CBOE shares. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Bank of America raised their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a report on Monday, February 10th. Oppenheimer decreased their price target on shares of 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. Barclays upped their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Finally, StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $206.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. raised its holdings in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. Norges Bank bought a new position in Cboe Global Markets during the fourth quarter worth about $269,524,000. Raymond James Financial Inc. bought a new stake in Cboe Global Markets during the fourth quarter worth about $59,206,000. First Trust Advisors LP increased its position in Cboe Global Markets by 756.0% in the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company’s stock valued at $58,317,000 after acquiring an additional 263,585 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in Cboe Global Markets by 108.3% during the 4th quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company’s stock valued at $3,498,000 after purchasing an additional 234,199 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Company 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.