Global Retirement Partners LLC Buys 618 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Global Retirement Partners LLC raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 63.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,589 shares of the company’s stock after acquiring an additional 618 shares during the quarter. Global Retirement Partners LLC’s holdings in Cboe Global Markets were worth $311,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth about $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $36,000. TD Private Client Wealth LLC raised its stake in shares of Cboe Global Markets by 149.0% in 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 last quarter. Trust Co. of Vermont boosted its holdings in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after acquiring an additional 400 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets during the 3rd quarter worth approximately $158,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $210.79 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market cap of $22.07 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68. The business’s 50 day simple moving average is $200.27. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its 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 last year, the business posted $2.06 EPS. Equities research 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.20%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the company’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 sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,316 shares of company stock valued at $2,332,393. 0.22% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CBOE. Bank of America lifted their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. William Blair initiated coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” 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 report on Monday, February 10th. Finally, Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $206.86.

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.