Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. decreased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 28.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,102 shares of the company’s stock after selling 6,503 shares during the period. Daiwa Securities Group Inc.’s holdings in Cboe Global Markets were worth $3,146,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. OFI Invest Asset Management acquired a new stake in Cboe Global Markets in the 4th quarter worth approximately $1,019,000. Amundi raised its holdings in shares of Cboe Global Markets by 27.2% in the fourth quarter. Amundi now owns 885,659 shares of the company’s stock worth $170,923,000 after buying an additional 189,280 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in shares of Cboe Global Markets by 6.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,434 shares of the company’s stock worth $280,000 after buying an additional 86 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of Cboe Global Markets by 15.5% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 57,018 shares of the company’s stock valued at $11,260,000 after buying an additional 7,660 shares during the last quarter. Finally, Andra AP fonden increased its position in shares of Cboe Global Markets by 89.2% in the 4th quarter. Andra AP fonden now owns 92,700 shares of the company’s stock valued at $18,114,000 after acquiring an additional 43,700 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Trading Up 3.2 %

Shares of NASDAQ:CBOE opened at $215.13 on Friday. The firm has a market capitalization of $22.52 billion, a P/E ratio of 29.80, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a 50 day moving average of $204.08. 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 posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) 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 quarter last year, the firm earned $2.06 earnings per share. Equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid 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 is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.90%.

Analysts Set New Price Targets

A number of analysts have commented on CBOE shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Barclays upped their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Bank of America raised their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Finally, Oppenheimer dropped 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 report on Monday, January 13th. Two research 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $206.86.

Insider Activity

In other news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now 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. Insiders have sold 11,544 shares of company stock worth $2,380,529 in the last ninety days. Company insiders own 0.22% of the company’s stock.

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.