Nuveen Asset Management LLC trimmed its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 4.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 326,077 shares of the company's stock after selling 14,532 shares during the quarter. Nuveen Asset Management LLC owned 0.31% of Cboe Global Markets worth $63,715,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Lee Danner & Bass Inc. bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $29,000. Greenline Partners LLC acquired a new position in Cboe Global Markets in the fourth quarter worth approximately $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at $36,000. Finally, Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets during the 4th quarter valued at $37,000. Institutional investors own 82.67% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on CBOE shares. Loop Capital set a $227.00 target price on Cboe Global Markets in a research report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. UBS Group boosted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Bank of America reaffirmed a "neutral" rating and issued a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Finally, Barclays boosted their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $219.64.
Read Our Latest Research Report on CBOE
Insiders Place Their Bets
In other news, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction 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 trade represents a 47.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.22% of the company's stock.
Cboe Global Markets Stock Performance
Shares of NASDAQ:CBOE traded up $0.19 during midday trading on Thursday, hitting $228.42. 701,073 shares of the stock were exchanged, compared to its average volume of 914,551. The company has a market cap of $23.92 billion, a P/E ratio of 31.64, 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 quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average is $218.73.
Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. Cboe Global Markets's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.
Cboe Global Markets Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.
About Cboe Global Markets
(
Free Report)
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.
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