Bryn Mawr Capital Management LLC Acquires Shares of 1,168 Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bryn Mawr Capital Management LLC acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,168 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds have also recently bought and sold shares of CBOE. E. Ohman J or Asset Management AB boosted its position in Cboe Global Markets by 4,157.6% in the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after buying an additional 151,961 shares during the last quarter. abrdn plc boosted its position in Cboe Global Markets by 341.2% in the 4th quarter. abrdn plc now owns 190,017 shares of the company’s stock valued at $37,145,000 after buying an additional 146,945 shares during the last quarter. Barclays PLC boosted its position in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after buying an additional 116,852 shares during the last quarter. Stack Financial Management Inc bought a new position in Cboe Global Markets in the 4th quarter valued at $21,290,000. Finally, Nordea Investment Management AB boosted its position in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. Oppenheimer cut their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Barclays increased their price target on 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. Bank of America increased their price target on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note 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 target on the stock. in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Trading Up 1.3 %

Shares of Cboe Global Markets stock opened at $208.00 on Friday. The firm has a market cap of $21.77 billion, a P/E ratio of 28.81, 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 debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business’s fifty day simple moving average is $200.57.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data 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 return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company posted $2.06 EPS. Analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued 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 (DPR) is presently 34.90%.

Insiders Place Their Bets

In other news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the transaction, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. The trade was a 47.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock worth $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.