XTX Topco Ltd Cuts Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

XTX Topco Ltd lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 71.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,981 shares of the company's stock after selling 4,846 shares during the period. XTX Topco Ltd's holdings in Cboe Global Markets were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CBOE. Alliancebernstein L.P. increased its position in Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after buying an additional 5,193,339 shares during the period. Norges Bank acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at about $269,524,000. Raymond James Financial Inc. bought a new position in Cboe Global Markets during the fourth quarter worth about $59,206,000. Arrowstreet Capital Limited Partnership raised its stake in Cboe Global Markets by 270.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock worth $58,559,000 after purchasing an additional 218,865 shares in the last quarter. Finally, Amundi raised its stake in Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after purchasing an additional 189,280 shares in the last quarter. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Down 0.7 %

Shares of Cboe Global Markets stock traded down $1.40 during trading on Monday, hitting $212.19. The stock had a trading volume of 637,085 shares, compared to its average volume of 878,952. The stock has a market capitalization of $22.22 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37. The company's 50-day moving average price is $214.27. 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 released its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the firm posted $2.06 earnings per share. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. Cboe Global Markets's dividend payout ratio (DPR) is currently 34.90%.

Analyst Ratings Changes

Several brokerages have weighed in on CBOE. Keefe, Bruyette & Woods dropped their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group cut shares of 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. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Oppenheimer upped their price objective on shares of Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $218.80.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value 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 trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 in the last ninety days. Company insiders own 0.22% of the company's stock.

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.