Stevens Capital Management LP Acquires 492 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Stevens Capital Management LP lifted its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 45.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,582 shares of the company’s stock after purchasing an additional 492 shares during the quarter. Stevens Capital Management LP’s holdings in Cboe Global Markets were worth $309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets during the fourth quarter worth approximately $29,000. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets in the 4th quarter valued at $36,000. Generali Asset Management SPA SGR acquired a new position in Cboe Global Markets during the 4th quarter worth $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $39,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $212.96 on Tuesday. The firm 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 company’s 50-day simple moving average is $207.77. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $223.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data 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 last year, the company earned $2.06 EPS. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

Insider Buying and Selling at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated 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 transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction dated 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 owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CBOE shares. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Bank of America upped 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. Barclays raised their price objective on shares of 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. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Two equities 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’s stock. According to MarketBeat, Cboe Global Markets has an average rating of “Hold” and an average price target 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.