TD Private Client Wealth LLC Raises Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

TD Private Client Wealth LLC raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 528.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,332 shares of the company’s stock after buying an additional 1,961 shares during the quarter. TD Private Client Wealth LLC’s holdings in Cboe Global Markets were worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Lee Danner & Bass Inc. purchased a new position in shares of Cboe Global Markets in the 4th quarter worth about $29,000. Northwest & Ethical Investments L.P. boosted its stake in Cboe Global Markets by 76.5% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 76,807 shares of the company’s stock worth $15,008,000 after buying an additional 33,299 shares in the last quarter. Royal London Asset Management Ltd. grew its position in Cboe Global Markets by 5.5% during the fourth quarter. Royal London Asset Management Ltd. now owns 51,139 shares of the company’s stock valued at $9,993,000 after acquiring an additional 2,649 shares during the last quarter. Xponance Inc. raised its stake in shares of Cboe Global Markets by 0.6% during the fourth quarter. Xponance Inc. now owns 15,361 shares of the company’s stock worth $3,002,000 after acquiring an additional 88 shares in the last quarter. Finally, Generali Asset Management SPA SGR bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $37,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $212.96 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $22.30 billion, a price-to-earnings ratio of 29.50, a P/E/G ratio of 1.75 and a beta of 0.67. The stock has a 50 day simple moving average of $207.77. 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 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 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the company earned $2.06 EPS. As a group, equities analysts predict 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. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.90%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Barclays raised their price objective 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. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. Finally, StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and a consensus price target of $206.86.

Insiders Place Their Bets

In other news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred 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 in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 over the last three months. Company insiders own 0.22% of the company’s stock.

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.