Lido Advisors LLC Trims Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lido Advisors LLC cut its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 45.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,303 shares of the company's stock after selling 19,070 shares during the period. Lido Advisors LLC's holdings in Cboe Global Markets were worth $4,553,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock worth $96,613,000 after purchasing an additional 24,177 shares in the last quarter. Oak Harvest Investment Services acquired a new position in shares of Cboe Global Markets during the 4th quarter valued at about $977,000. Forge First Asset Management Inc. purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after acquiring an additional 6,943 shares during the last quarter. Finally, Brentview Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth about $3,278,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm's stock in a transaction dated 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 directly owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, 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 Price Performance

Shares of CBOE stock opened at $217.05 on Wednesday. The business's fifty day simple moving average is $214.43. 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 firm has a market capitalization of $22.73 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $234.37.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its 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 quarter last year, the business earned $2.06 EPS. Equities research analysts expect 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 was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.63 per share. The ex-dividend date was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.16%. Cboe Global Markets's dividend payout ratio is presently 34.90%.

Analyst Ratings Changes

CBOE has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays raised their target price on Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Monday, April 7th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating for the company. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $218.80.

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.

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