Adam Inzirillo Sells 80 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 80 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $211.66, for a total value of $16,932.80. Following the sale, the executive vice president now owns 1,218 shares in the company, valued at $257,801.88. This represents a 6.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Cboe Global Markets Stock Down 1.8 %

CBOE opened at $208.23 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock’s 50-day simple moving average is $199.40. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The firm has a market capitalization of $21.80 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period last year, the firm earned $2.06 EPS. Research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. 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 payout ratio is 34.33%.

Hedge Funds Weigh In On Cboe Global Markets

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after purchasing an additional 56,233 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. Geode Capital Management LLC increased its stake in shares of Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock valued at $535,994,000 after purchasing an additional 44,291 shares during the period. FMR LLC raised its holdings in shares of Cboe Global Markets by 2.5% during the fourth quarter. FMR LLC now owns 1,571,980 shares of the company’s stock valued at $307,165,000 after buying an additional 38,587 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after buying an additional 5,216 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. 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. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Bank of America increased their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday. Keefe, Bruyette & Woods lowered their price objective on 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. Finally, Jefferies Financial Group cut their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.