Cboe Global Markets, Inc. (NASDAQ:CBOE - Get Free Report) 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 transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Cboe Global Markets Trading Down 2.8 %
Shares of Cboe Global Markets stock opened at $202.33 on Friday. The company has a market cap of $21.18 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm's 50 day moving average is $199.36. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66.
Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results 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 22.33% and a net margin of 19.65%. During the same quarter in the prior year, the business earned $2.06 EPS. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.
Cboe Global Markets Announces Dividend
The firm also recently announced 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 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets's payout ratio is 34.33%.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a report on Monday, February 10th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a report on Monday, January 13th. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating on the stock. Finally, The Goldman Sachs Group lowered shares of 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $206.86.
View Our Latest Research Report on CBOE
Institutional Investors Weigh In On Cboe Global Markets
Institutional investors have recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets during the 4th quarter worth approximately $29,000. Kestra Investment Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $36,000. Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. 82.67% of the stock is owned by institutional investors.
Cboe Global Markets Company Profile
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Get Free Report)
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.
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