Eaton Vance Management decreased its holdings in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 29.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 397,373 shares of the financial services provider’s stock after selling 165,343 shares during the period. Eaton Vance Management owned approximately 0.35% of Cboe Global Markets worth $49,509,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Standard Life Aberdeen plc raised its holdings in Cboe Global Markets by 20.8% during the fourth quarter. Standard Life Aberdeen plc now owns 20,199 shares of the financial services provider’s stock worth $2,516,000 after buying an additional 3,476 shares during the last quarter. OppenheimerFunds Inc. raised its holdings in Cboe Global Markets by 3.0% during the fourth quarter. OppenheimerFunds Inc. now owns 186,874 shares of the financial services provider’s stock worth $23,282,000 after buying an additional 5,355 shares during the last quarter. Suntrust Banks Inc. acquired a new position in Cboe Global Markets during the fourth quarter worth $217,000. Baird Financial Group Inc. raised its holdings in Cboe Global Markets by 15.8% during the fourth quarter. Baird Financial Group Inc. now owns 3,819 shares of the financial services provider’s stock worth $476,000 after buying an additional 520 shares during the last quarter. Finally, Norinchukin Bank The raised its holdings in Cboe Global Markets by 13.3% during the fourth quarter. Norinchukin Bank The now owns 5,688 shares of the financial services provider’s stock worth $709,000 after buying an additional 669 shares during the last quarter. Hedge funds and other institutional investors own 83.31% of the company’s stock.
CBOE has been the subject of several analyst reports. Deutsche Bank upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and increased their target price for the company from $120.00 to $127.00 in a report on Tuesday, February 13th. Wells Fargo & Co increased their target price on shares of Cboe Global Markets from $4.75 to $138.00 and gave the company an “outperform” rating in a report on Friday, January 5th. Goldman Sachs Group downgraded shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a report on Wednesday, February 7th. BidaskClub downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Cboe Global Markets has an average rating of “Buy” and a consensus target price of $118.64.
Cboe Global Markets Inc (CBOE) opened at $108.75 on Friday. The firm has a market cap of $12,393.03, a PE ratio of 30.63, a P/E/G ratio of 1.35 and a beta of 0.46. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40. Cboe Global Markets Inc has a 1 year low of $77.33 and a 1 year high of $138.54.
Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.01). The company had revenue of $265.60 million for the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. Cboe Global Markets’s quarterly revenue was up 85.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. equities analysts forecast that Cboe Global Markets Inc will post 4.63 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.08 annualized dividend and a yield of 0.99%. Cboe Global Markets’s payout ratio is currently 30.42%.
In related news, Director Christopher Mitchell sold 670 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total transaction of $80,996.30. Following the completion of the transaction, the director now owns 8,808 shares in the company, valued at $1,064,799.12. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $126.28, for a total transaction of $631,400.00. Following the transaction, the chairman now owns 70,611 shares of the company’s stock, valued at approximately $8,916,757.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,989 shares of company stock valued at $1,622,840. 1.86% of the stock is owned by company insiders.
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Cboe Global Markets Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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