Northwest & Ethical Investments L.P. Acquires 33,299 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Northwest & Ethical Investments L.P. raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 76.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,807 shares of the company’s stock after buying an additional 33,299 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Cboe Global Markets were worth $15,008,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CBOE. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $36,000. Generali Asset Management SPA SGR bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $37,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. Finally, Jones Financial Companies Lllp grew its position in shares of Cboe Global Markets by 40.5% in the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock worth $42,000 after buying an additional 62 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the firm’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 owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction 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 $417,872.31. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $217.67 on Thursday. The stock has a market capitalization of $22.79 billion, a PE ratio of 30.15, a PEG ratio of 1.75 and a beta of 0.67. 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, Inc. has a one year low of $166.13 and a one year high of $221.66. The firm’s fifty day moving average price is $206.37.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly 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 period in the prior year, the business posted $2.06 EPS. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. Jefferies Financial Group dropped their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Bank of America lifted their price target on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Finally, Barclays lifted their price target 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $206.86.

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.