Edmond DE Rothschild Holding S.A. Increases Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Edmond DE Rothschild Holding S.A. increased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 184.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,093 shares of the company’s stock after buying an additional 20,796 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Cboe Global Markets were worth $6,271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CBOE. New York Life Investment Management LLC lifted its holdings in shares of Cboe Global Markets by 0.3% during the fourth quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after purchasing an additional 48 shares during the period. Exencial Wealth Advisors LLC raised its position in Cboe Global Markets by 1.1% during the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock worth $893,000 after buying an additional 50 shares during the last quarter. Inspire Advisors LLC lifted its stake in shares of Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock worth $611,000 after acquiring an additional 50 shares during the period. Pinnacle Financial Partners Inc lifted its stake in shares of Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after acquiring an additional 59 shares during the period. Finally, One Wealth Advisors LLC boosted its holdings in shares of Cboe Global Markets by 5.7% in the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after acquiring an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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 owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. 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.

Analysts Set New Price Targets

CBOE has been the subject of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. Bank of America lifted 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. Barclays increased their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Finally, Keefe, Bruyette & Woods cut 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Stock Up 1.5 %

NASDAQ:CBOE opened at $226.06 on Tuesday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $227.22. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock’s fifty day moving average price is $210.42. The firm has a market cap of $23.67 billion, a P/E ratio of 31.31, a PEG ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results 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 in the previous year, the company posted $2.06 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Cboe Global Markets 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.