NewEdge Advisors LLC Buys 1,970 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

NewEdge Advisors LLC raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 16.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,802 shares of the company's stock after buying an additional 1,970 shares during the quarter. NewEdge Advisors LLC's holdings in Cboe Global Markets were worth $2,697,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Alliancebernstein L.P. lifted its position in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the period. Norges Bank acquired a new stake in Cboe Global Markets during the fourth quarter worth $269,524,000. Raymond James Financial Inc. bought a new stake in Cboe Global Markets in the 4th quarter valued at $59,206,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Cboe Global Markets by 270.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock worth $58,559,000 after acquiring an additional 218,865 shares during the period. Finally, Amundi boosted its position in shares of Cboe Global Markets by 27.2% during the 4th quarter. Amundi now owns 885,659 shares of the company's stock valued at $170,923,000 after acquiring an additional 189,280 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 0.4 %

NASDAQ:CBOE traded up $0.91 during mid-day trading on Friday, reaching $213.59. 640,090 shares of the company were exchanged, compared to its average volume of 882,051. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a market capitalization of $22.36 billion, a PE ratio of 29.58, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The firm's fifty day moving average is $214.23.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate 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 quarter in the prior year, the firm posted $2.06 earnings per share. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS 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 paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is 34.90%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a research note on Wednesday, April 2nd. Morgan Stanley upgraded Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 target price for the company in a research report on Tuesday, April 8th. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Piper Sandler lifted their price objective on Cboe Global Markets from $230.00 to $234.00 and gave the company an "overweight" rating in a report on Tuesday, April 8th. Finally, Oppenheimer boosted their target price on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and an average price target of $218.80.

Insider Activity at Cboe Global Markets

In other 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 transaction, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This represents a 9.12 % 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 over the last ninety days. Company insiders own 0.22% of the company's stock.

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.