AlphaQuest LLC Has $517,000 Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

AlphaQuest LLC trimmed its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 65.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,648 shares of the company’s stock after selling 5,011 shares during the period. AlphaQuest LLC’s holdings in Cboe Global Markets were worth $517,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CBOE. Kestra Investment Management LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $31,000. Sugar Maple Asset Management LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $36,000. Kohmann Bosshard Financial Services LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $39,000. Jones Financial Companies Lllp boosted its holdings in Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after acquiring an additional 62 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 1.3 %

Shares of CBOE opened at $208.50 on Thursday. The company has a market capitalization of $21.83 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The business’s 50-day simple moving average is $203.82.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results 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 quarter in the prior year, the firm posted $2.06 EPS. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CBOE. Keefe, Bruyette & Woods decreased their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Jefferies Financial Group reduced their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. Bank of America increased their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, Barclays increased their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $206.86.

Insider Transactions at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% 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.