Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Centiva Capital LP

Centiva Capital LP lowered its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 73.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,548 shares of the company's stock after selling 10,042 shares during the period. Centiva Capital LP's holdings in Cboe Global Markets were worth $693,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Oak Harvest Investment Services acquired a new stake in shares of Cboe Global Markets during the fourth quarter valued at $977,000. Forge First Asset Management Inc. acquired a new stake in shares of Cboe Global Markets during the fourth quarter valued at $8,461,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Cboe Global Markets by 40.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after buying an additional 6,943 shares during the last quarter. Brentview Investment Management LLC acquired a new stake in Cboe Global Markets in the 4th quarter worth about $3,278,000. Finally, Skylands Capital LLC boosted its stake in Cboe Global Markets by 88.9% in the 4th quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock worth $1,661,000 after buying an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of research analyst reports. UBS Group raised their price target on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Oppenheimer lifted their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and cut their target price for the company from $256.00 to $215.00 in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded down $6.10 during mid-day trading on Wednesday, hitting $214.28. 709,713 shares of the company traded hands, compared to its average volume of 900,943. The firm has a market capitalization of $22.44 billion, a price-to-earnings ratio of 29.68, a P/E/G ratio of 1.75 and a beta of 0.44. 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 52-week low of $166.13 and a 52-week high of $236.02. The stock's 50 day moving average price is $217.72.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating the consensus estimate 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 company's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.15 EPS. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.63 per share. The ex-dividend date is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.18%. Cboe Global Markets's dividend payout ratio is presently 33.03%.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $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 available through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets 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 owns 1,993 shares in the company, 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. 0.22% of the stock is owned by company insiders.

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.