Envestnet Portfolio Solutions Inc. Acquires 764 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 8,400 shares of the company’s stock after acquiring an additional 764 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Cboe Global Markets were worth $1,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avalon Trust Co bought a new stake in Cboe Global Markets during the fourth quarter valued at about $46,000. one8zero8 LLC purchased a new stake in Cboe Global Markets in the 4th quarter worth approximately $684,000. Natixis Advisors LLC raised its stake in Cboe Global Markets by 2.1% during the 4th quarter. Natixis Advisors LLC now owns 94,143 shares of the company’s stock worth $18,396,000 after acquiring an additional 1,958 shares during the period. LBP AM SA lifted its holdings in Cboe Global Markets by 16.8% during the fourth quarter. LBP AM SA now owns 36,141 shares of the company’s stock valued at $7,062,000 after purchasing an additional 5,203 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its position in shares of Cboe Global Markets by 6.9% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 21,655 shares of the company’s stock worth $4,243,000 after purchasing an additional 1,400 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Barclays upped their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Oppenheimer decreased their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Bank of America boosted their price target on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Finally, Keefe, Bruyette & Woods cut 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 report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of “Hold” and an average price target of $206.86.

Insider Transactions at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,544 shares of company stock valued at $2,380,529. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $214.77 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $22.49 billion, a P/E ratio of 29.75, a PEG ratio of 1.75 and a beta of 0.67. The company’s 50 day moving average is $207.37. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $223.51.

Cboe Global Markets (NASDAQ:CBOE) last issued its 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 net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the business earned $2.06 EPS. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

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

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.