Blueshift Asset Management LLC Lowers Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Blueshift Asset Management LLC reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 11.7% during the fourth quarter, Holdings Channel reports. The firm owned 1,505 shares of the company’s stock after selling 199 shares during the period. Blueshift Asset Management LLC’s holdings in Cboe Global Markets were worth $294,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CBOE. Kestra Investment Management LLC purchased a new stake in Cboe Global Markets in the 4th quarter valued at about $31,000. Sugar Maple Asset Management LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $36,000. Generali Asset Management SPA SGR purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $37,000. Kohmann Bosshard Financial Services LLC bought a new stake in Cboe Global Markets during the fourth quarter worth $39,000. Finally, Jones Financial Companies Lllp lifted its holdings in Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after acquiring an additional 62 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction that occurred on 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 owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This represents a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were 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 directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Trading Down 2.1 %

Cboe Global Markets stock opened at $214.77 on Friday. The firm has a 50 day simple moving average of $207.37. 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, Inc. has a 1-year low of $166.13 and a 1-year high of $223.51. The stock has a market cap of $22.49 billion, a price-to-earnings ratio of 29.75, a price-to-earnings-growth 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 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 period in the previous year, the firm earned $2.06 earnings per share. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CBOE shares. William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. Oppenheimer lowered their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group downgraded 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 report on Monday, January 6th. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $206.86.

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.