Financiere des Professionnels Fonds d investissement inc. Reduces Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Financiere des Professionnels Fonds d investissement inc. trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 46.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,673 shares of the company’s stock after selling 8,261 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Cboe Global Markets were worth $1,890,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. One Wealth Advisors LLC lifted its position in shares of Cboe Global Markets by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after buying an additional 60 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after buying an additional 63 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of Cboe Global Markets by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after buying an additional 66 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of Cboe Global Markets by 3.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock valued at $441,000 after buying an additional 71 shares in the last quarter. Finally, Fortem Financial Group LLC lifted its position in shares of Cboe Global Markets by 1.6% during the 4th quarter. Fortem Financial Group LLC now owns 6,119 shares of the company’s stock valued at $1,196,000 after buying an additional 99 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $202.33 on Monday. The company has a market cap of $21.18 billion, a P/E ratio of 27.57, a P/E/G ratio of 2.14 and a beta of 0.68. 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 firm’s 50 day moving average is $199.36. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66.

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

Cboe Global Markets Dividend Announcement

The firm 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 dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.33%.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of analyst reports. Jefferies Financial Group lowered their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, February 11th. Keefe, Bruyette & Woods decreased their target price 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. Barclays lifted their target price 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. Finally, William Blair began coverage on Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Two research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $206.86.

About Cboe Global Markets

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.