Ethic Inc. Has $5.15 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Ethic Inc. increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 11.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,346 shares of the company's stock after purchasing an additional 2,684 shares during the quarter. Ethic Inc.'s holdings in Cboe Global Markets were worth $5,148,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CBOE. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at $29,000. Kestra Investment Management LLC bought a new position in Cboe Global Markets in the fourth quarter valued at approximately $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $36,000. Generali Asset Management SPA SGR acquired a new position in Cboe Global Markets during the fourth quarter valued at approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Insider Buying and Selling

In related news, CAO Allen Wilkinson sold 228 shares of the firm's 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 completion of the transaction, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the company'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 transaction, the executive vice president now owns 1,993 shares of the company's stock, valued at approximately $417,872.31. This trade represents a 9.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,464 shares of company stock worth $2,363,596 in the last three months. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CBOE shares. Keefe, Bruyette & Woods cut their price objective on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a report on Monday, January 13th. Bank of America restated a "neutral" rating and issued a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Cowen restated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of "Hold" and a consensus target price of $223.36.

Cboe Global Markets Stock Down 0.3%

Shares of NASDAQ:CBOE traded down $0.74 during trading on Tuesday, reaching $220.38. 786,780 shares of the company traded hands, compared to its average volume of 903,695. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business's 50 day moving average price is $217.72.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the business earned $2.15 EPS. Cboe Global Markets's quarterly revenue was up 12.6% on a year-over-year basis. As a group, research analysts anticipate 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. Investors of record on Friday, May 30th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

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.