Wakefield Asset Management LLLP Sells 136 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Wakefield Asset Management LLLP decreased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,592 shares of the company’s stock after selling 136 shares during the quarter. Wakefield Asset Management LLLP’s holdings in Cboe Global Markets were worth $3,242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. grew its position in Cboe Global Markets by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after acquiring an additional 24,177 shares during the last quarter. Oak Harvest Investment Services acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $977,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Cboe Global Markets by 40.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock worth $4,750,000 after buying an additional 6,943 shares during the period. Brentview Investment Management LLC acquired a new stake in Cboe Global Markets in the fourth quarter worth $3,278,000. Finally, Triasima Portfolio Management inc. acquired a new stake in Cboe Global Markets in the 4th quarter valued at $1,196,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $208.00 on Friday. The business has a 50-day moving average of $200.57. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The stock has a market cap of $21.77 billion, a P/E ratio of 28.81, a PEG ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (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 in the previous year, the firm earned $2.06 earnings per share. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is 34.90%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CBOE shares. Bank of America upped their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a report on Monday, February 10th. Jefferies Financial Group reduced their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. William Blair initiated coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. Keefe, Bruyette & Woods lowered their target price 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. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $206.86.

Insider Buying and Selling

In related news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction dated 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 directly owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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 position. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock worth $2,380,529 in the last 90 days. 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.