Gilder Gagnon Howe & Co. LLC Buys 33,550 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 15.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 254,003 shares of the company's stock after buying an additional 33,550 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned approximately 0.24% of Cboe Global Markets worth $49,632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Barclays PLC raised its stake in Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company's stock worth $109,662,000 after buying an additional 116,852 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of Cboe Global Markets in the 3rd quarter worth about $14,430,000. Tri Ri Asset Management Corp acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at about $5,499,000. Oddo BHF Asset Management Sas bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at about $7,647,000. Finally, Principal Financial Group Inc. grew its stake in Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company's stock worth $32,197,000 after purchasing an additional 3,155 shares during the period. Institutional investors own 82.67% of the company's stock.

Analyst Ratings Changes

CBOE has been the topic of several recent analyst reports. Oppenheimer boosted their price target on Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods reduced their price target on shares of 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. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Jefferies Financial Group reduced their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. Finally, StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Cboe Global Markets currently has an average rating of "Hold" and an average target price of $218.80.

Cboe Global Markets Trading Down 0.3 %

Shares of NASDAQ:CBOE traded down $0.63 during mid-day trading on Thursday, hitting $221.17. 418,596 shares of the company traded hands, compared to its average volume of 874,591. The stock has a market cap of $23.16 billion, a PE ratio of 30.63, a P/E/G ratio of 1.75 and a beta of 0.47. The firm's 50-day moving average price is $214.65. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $234.37. 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 (NASDAQ:CBOE - Get Free Report) last posted its 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 return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the business posted $2.06 earnings per share. As a group, analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company 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. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.14%. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares of the company's stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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 in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets 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.