Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Pinebridge Investments L.P.

Pinebridge Investments L.P. lowered its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 197,853 shares of the company's stock after selling 12,414 shares during the quarter. Pinebridge Investments L.P. owned approximately 0.19% of Cboe Global Markets worth $38,660,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CBOE. Barclays PLC boosted its position in Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company's stock valued at $109,662,000 after acquiring an additional 116,852 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of Cboe Global Markets in the 3rd quarter valued at approximately $14,430,000. Tri Ri Asset Management Corp bought a new stake in shares of Cboe Global Markets during the third quarter valued at approximately $5,499,000. Oddo BHF Asset Management Sas purchased a new stake in Cboe Global Markets in the third quarter worth $7,647,000. Finally, Principal Financial Group Inc. raised its holdings in Cboe Global Markets by 2.0% in 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 in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % 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 ninety days. Corporate insiders own 0.22% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CBOE shares. Keefe, Bruyette & Woods reduced their target price on shares of 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. Bank of America restated a "neutral" rating and issued a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Morgan Stanley upgraded shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 target price for the company in a report on Tuesday, April 8th. Oppenheimer upped their price target on Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research note on Friday, April 11th. Finally, The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. Two research 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. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $218.80.

Cboe Global Markets Stock Up 0.2 %

Shares of NASDAQ CBOE traded up $0.48 during trading on Monday, reaching $214.07. 137,770 shares of the company traded hands, compared to its average volume of 872,509. 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 52-week low of $166.13 and a 52-week high of $234.37. The stock has a market capitalization of $22.41 billion, a PE ratio of 29.65, a PEG ratio of 1.75 and a beta of 0.47. The firm's 50 day moving average price is $214.23.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data 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 in the prior year, the firm posted $2.06 earnings per share. As a group, research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is currently 34.90%.

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.