Oppenheimer & Co. Inc. Acquires 92 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Oppenheimer & Co. Inc. increased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 9,563 shares of the company’s stock after buying an additional 92 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cboe Global Markets were worth $1,869,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CBOE. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter valued at $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the fourth quarter valued at $36,000. TD Private Client Wealth LLC lifted its holdings in Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares during the period. Trust Co. of Vermont boosted its position in Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after purchasing an additional 400 shares during the last quarter. Finally, Arcadia Investment Management Corp MI bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $98,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Barclays boosted their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. Finally, Oppenheimer cut their price target 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. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $215.08 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business has a fifty day moving average price of $201.24. The company has a market cap of $22.52 billion, a P/E ratio of 29.79, a P/E/G ratio of 1.75 and a beta of 0.68. 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 released its earnings results 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 posted $2.06 EPS. Analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, 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 value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by corporate insiders.

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.