BNP Paribas Financial Markets Sells 20,002 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

BNP Paribas Financial Markets reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,188 shares of the company's stock after selling 20,002 shares during the period. BNP Paribas Financial Markets owned approximately 0.34% of Cboe Global Markets worth $69,599,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New York Life Investment Management LLC boosted its position in Cboe Global Markets by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock worth $3,035,000 after buying an additional 48 shares during the period. Summit Financial LLC increased its stake in shares of Cboe Global Markets by 0.4% in the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company's stock valued at $2,131,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC lifted its stake in shares of Cboe Global Markets by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock worth $893,000 after acquiring an additional 50 shares during the period. Inspire Advisors LLC increased its position in Cboe Global Markets by 1.6% during the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after purchasing an additional 50 shares during the period. Finally, Pinnacle Financial Partners Inc raised its holdings in Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock worth $234,000 after purchasing an additional 59 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CBOE shares. Barclays lifted their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Piper Sandler upped their target price on Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday. Loop Capital set a $227.00 target price on Cboe Global Markets in a report on Monday. Oppenheimer increased their price target on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a report on Monday. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of 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. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $223.36.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the 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 $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $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 quarter, insiders have sold 11,544 shares of company stock worth $2,380,529. Insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Up 1.6 %

NASDAQ CBOE traded up $3.57 on Friday, reaching $231.71. The company had a trading volume of 741,540 shares, compared to its average volume of 896,094. The business has a fifty day moving average price of $217.40. The stock has a market capitalization of $24.26 billion, a PE ratio of 32.09, a P/E/G ratio of 1.75 and a beta of 0.44. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 EPS. On average, research analysts expect 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 will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.09%. Cboe Global Markets's payout ratio is currently 33.03%.

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.