Legacy Capital Group California Inc. Purchases 1,246 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Legacy Capital Group California Inc. boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 42.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,188 shares of the company’s stock after acquiring an additional 1,246 shares during the period. Legacy Capital Group California Inc.’s holdings in Cboe Global Markets were worth $818,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Erste Asset Management GmbH bought a new stake in shares of Cboe Global Markets during the third quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cboe Global Markets during the third quarter valued at about $158,000. Benjamin Edwards Inc. increased its position 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 buying an additional 29,778 shares during the period. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets during the third quarter valued at about $216,000. Finally, Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets during the third quarter valued at about $15,175,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Trading Down 0.6 %

Shares of NASDAQ:CBOE opened at $208.91 on Friday. 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, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The firm has a 50-day simple moving average of $199.77. The company has a market cap of $21.87 billion, a P/E ratio of 28.93, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68.

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

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors 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%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the firm’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 completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CBOE has been the subject of several recent analyst reports. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday. Oppenheimer cut their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. Keefe, Bruyette & Woods cut 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, Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $206.86.

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.