Price T Rowe Associates Inc. MD Cuts Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Price T Rowe Associates Inc. MD lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 30.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 658,811 shares of the company's stock after selling 292,592 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.63% of Cboe Global Markets worth $128,733,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its position in Cboe Global Markets by 31.1% in the fourth quarter. Hsbc Holdings PLC now owns 424,430 shares of the company's stock worth $82,973,000 after buying an additional 100,672 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in shares of Cboe Global Markets by 47.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,881 shares of the company's stock worth $1,149,000 after purchasing an additional 1,906 shares during the period. Tower Research Capital LLC TRC grew its holdings in Cboe Global Markets by 75.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,155 shares of the company's stock valued at $1,398,000 after purchasing an additional 3,083 shares during the last quarter. MML Investors Services LLC raised its position in Cboe Global Markets by 132.4% in the 4th quarter. MML Investors Services LLC now owns 18,916 shares of the company's stock worth $3,696,000 after purchasing an additional 10,775 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in Cboe Global Markets by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 27,720 shares of the company's stock worth $5,416,000 after purchasing an additional 500 shares during the last quarter. 82.67% of the stock is owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the business'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 of the company's stock, 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. Insiders sold a total of 11,544 shares of company stock worth $2,380,529 over the last three months. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Price Performance

NASDAQ CBOE traded up $4.54 during midday trading on Friday, hitting $225.75. 612,762 shares of the company traded hands, compared to its average volume of 879,407. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37. The firm has a 50-day simple moving average of $214.85. The stock has a market capitalization of $23.64 billion, a P/E ratio of 31.27, a PEG ratio of 1.75 and a beta of 0.47. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 was up 12.6% compared to the same quarter last year. During the same period last year, the firm earned $2.15 EPS. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.12%. Cboe Global Markets's payout ratio is presently 34.90%.

Analyst Ratings Changes

CBOE has been the topic of a number of analyst reports. Bank of America reaffirmed a "neutral" rating and set a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Oppenheimer boosted their target price on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research note on Friday, April 11th. The Goldman Sachs Group cut shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target on the stock. in a report on Monday, January 6th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus 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.