CANADA LIFE ASSURANCE Co Has $31.06 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

CANADA LIFE ASSURANCE Co raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 159,070 shares of the company's stock after acquiring an additional 8,316 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.15% of Cboe Global Markets worth $31,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Zacks Investment Management boosted its holdings in Cboe Global Markets by 30.2% during the fourth quarter. Zacks Investment Management now owns 17,325 shares of the company's stock worth $3,385,000 after buying an additional 4,017 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Cboe Global Markets by 16.6% during the fourth quarter. NewEdge Advisors LLC now owns 13,802 shares of the company's stock valued at $2,697,000 after purchasing an additional 1,970 shares during the period. Ceredex Value Advisors LLC increased its stake in Cboe Global Markets by 23.6% in the fourth quarter. Ceredex Value Advisors LLC now owns 149,650 shares of the company's stock valued at $29,242,000 after purchasing an additional 28,550 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Cboe Global Markets during the fourth quarter worth $2,893,000. Finally, Canada Post Corp Registered Pension Plan acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $344,000. 82.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CBOE shares. Piper Sandler increased their target price on Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 8th. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Morgan Stanley raised Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price objective for the company in a research report on Tuesday, April 8th. Finally, Bank of America reissued a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $218.80.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded up $0.35 during midday trading on Thursday, hitting $211.77. The company's stock had a trading volume of 306,210 shares, compared to its average volume of 878,877. 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 company has a market capitalization of $22.17 billion, a P/E ratio of 29.33, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $234.37. The company has a 50-day simple moving average of $213.88.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued 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 firm earned $2.06 earnings per share. Sell-side analysts forecast 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 was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

Insider Buying and Selling

In other Cboe Global Markets 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 sale, the chief accounting officer now owns 248 shares of the company's stock, valued at approximately $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 can be accessed through the SEC website. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value 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. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 over the last quarter. 0.22% of the stock is owned by company 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.