Blueshift Asset Management LLC Sells 199 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Blueshift Asset Management LLC cut its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 11.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,505 shares of the company’s stock after selling 199 shares during the period. Blueshift Asset Management LLC’s holdings in Cboe Global Markets were worth $294,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter worth $31,000. Sugar Maple Asset Management LLC bought a new position in Cboe Global Markets during the 4th quarter worth $36,000. Generali Asset Management SPA SGR acquired a new position in Cboe Global Markets during the 4th quarter worth about $37,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $39,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Cboe Global Markets by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after buying an additional 62 shares during the period. 82.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer lowered their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. The Goldman Sachs Group cut shares of 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. Finally, Jefferies Financial Group lowered their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Price Performance

CBOE 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 stock’s 50-day moving average is $207.37. The company has a market cap of $22.49 billion, a PE ratio of 29.75, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $223.51.

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

Cboe Global Markets Dividend Announcement

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

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The stock was 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 owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the business’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 value of $41,934.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by corporate insiders.

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.