Achmea Investment Management B.V. Has $1.83 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Achmea Investment Management B.V. reduced its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 21.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,384 shares of the company’s stock after selling 2,495 shares during the quarter. Achmea Investment Management B.V.’s holdings in Cboe Global Markets were worth $1,834,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in CBOE. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at approximately $31,000. Sugar Maple Asset Management LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at approximately $36,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at approximately $39,000. Jones Financial Companies Lllp lifted its stake in Cboe Global Markets by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after acquiring an additional 62 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Cboe Global Markets by 72.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 302 shares of the company’s stock valued at $59,000 after acquiring an additional 127 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Trading Down 0.5 %

Shares of CBOE stock opened at $213.95 on Friday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The business’s fifty day moving average is $204.46. The company has a market capitalization of $22.40 billion, a price-to-earnings ratio of 29.63, a P/E/G ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results 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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the business posted $2.06 EPS. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Wall Street Analysts Forecast Growth

CBOE has been the subject of a number of analyst reports. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. William Blair initiated coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Bank of America lifted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average 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.