Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Lord Abbett & CO. LLC

Lord Abbett & CO. LLC decreased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 356,105 shares of the company's stock after selling 1,280 shares during the quarter. Lord Abbett & CO. LLC owned 0.34% of Cboe Global Markets worth $69,583,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CBOE. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a research report on Wednesday, April 2nd. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a report on Friday, April 11th. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a report on Monday, January 13th. Finally, William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $218.80.

Insider Buying and Selling at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on 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 sale, the executive vice president now owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Down 0.3 %

Shares of Cboe Global Markets stock traded down $0.63 during trading on Thursday, reaching $221.17. The company's stock had a trading volume of 418,596 shares, compared to its average volume of 874,591. 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 moving average price of $214.65. 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 $23.16 billion, a P/E ratio of 30.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47.

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 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 period last year, the company posted $2.06 earnings per share. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio is presently 34.90%.

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.