Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 8,800 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 17.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,242 shares of the company’s stock after buying an additional 8,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.06% of Cboe Global Markets worth $11,380,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Erste Asset Management GmbH purchased a new position in shares of Cboe Global Markets during the third quarter valued at $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cboe Global Markets during the third quarter worth about $158,000. Benjamin Edwards Inc. increased its holdings in shares of Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after acquiring an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC acquired a new position in shares of Cboe Global Markets during the third quarter valued at about $216,000. Finally, Harmony Asset Management LLC purchased a new position in shares of Cboe Global Markets in the 3rd quarter valued at approximately $15,175,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $210.93 on Monday. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 29.21, a P/E/G ratio of 1.75 and a beta of 0.68. The company’s 50-day moving average is $199.97. 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 fifty-two week low of $166.13 and a fifty-two week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 EPS 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 period last year, the business earned $2.06 EPS. As a group, analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Analyst Ratings Changes

CBOE has been the topic of several research analyst reports. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday. William Blair began coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Barclays raised their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Oppenheimer dropped their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Finally, Keefe, Bruyette & Woods reduced their price objective on 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. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $206.86.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,316 shares of company stock valued at $2,332,393. Corporate insiders own 0.22% of the company’s stock.

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.