Janus Henderson Group PLC Cuts Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Janus Henderson Group PLC lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,442,685 shares of the company's stock after selling 85,610 shares during the quarter. Janus Henderson Group PLC owned 1.38% of Cboe Global Markets worth $281,900,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new position in Cboe Global Markets during the fourth quarter worth $29,000. Greenline Partners LLC acquired a new position in Cboe Global Markets during the fourth quarter worth $29,000. Kestra Investment Management LLC acquired a new position in Cboe Global Markets during the fourth quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the fourth quarter worth $36,000. Finally, Generali Asset Management SPA SGR acquired a new position in Cboe Global Markets during the fourth quarter worth $37,000. Institutional investors own 82.67% of the company's stock.

Insiders Place Their Bets

In related news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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 completion of the sale, the chief accounting officer now directly owns 248 shares of the company's stock, valued at approximately $52,357.76. The trade was a 47.90% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.22% of the company's stock.

Analyst Ratings Changes

CBOE has been the topic of a number of recent analyst reports. Cowen restated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Loop Capital set a $227.00 price objective on shares of Cboe Global Markets in a report on Monday, May 5th. Piper Sandler upped their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a report on Monday, May 5th. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Bank of America reiterated a "neutral" rating and issued a $227.00 price objective (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Stock Down 3.2%

Shares of CBOE stock traded down $6.97 on Wednesday, reaching $213.41. The company had a trading volume of 1,671,740 shares, compared to its average volume of 912,136. The firm has a market capitalization of $22.35 billion, a PE ratio of 29.56, a PEG ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.02. The firm has a 50-day simple moving average of $217.72.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 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%. Cboe Global Markets's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.15 earnings per share. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

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

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.