Cboe Global Markets, Inc. $CBOE Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.3% in the third quarter, HoldingsChannel reports. The fund owned 128,135 shares of the company’s stock after selling 10,033 shares during the period. American Century Companies Inc.’s holdings in Cboe Global Markets were worth $31,425,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Physician Wealth Advisors Inc. increased its holdings in shares of Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Cboe Global Markets during the 2nd quarter valued at about $33,000. Headlands Technologies LLC acquired a new position in Cboe Global Markets during the 2nd quarter valued at about $31,000. Dakota Community Bank & Trust NA bought a new stake in shares of Cboe Global Markets during the 3rd quarter worth about $42,000. Finally, Assetmark Inc. raised its position in shares of Cboe Global Markets by 195.4% during the 3rd quarter. Assetmark Inc. now owns 192 shares of the company’s stock worth $47,000 after buying an additional 127 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CBOE. Barclays increased their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Morgan Stanley boosted their target price on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a report on Monday, December 22nd. UBS Group restated a “neutral” rating and issued a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Piper Sandler increased their price target on Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Finally, Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $301.27 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. The company has a market cap of $31.53 billion, a PE ratio of 41.73, a PEG ratio of 1.75 and a beta of 0.33. Cboe Global Markets, Inc. has a 1 year low of $200.88 and a 1 year high of $305.68. The stock’s 50-day moving average price is $273.94 and its two-hundred day moving average price is $255.46.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.95 by $0.11. 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 $2.10 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. On average, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.72 per share. The ex-dividend date is Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 27.64%.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Edward J. Fitzpatrick sold 3,947 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the sale, the director directly owned 12,921 shares of the company’s stock, valued at $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the sale, the director owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,695 shares of company stock valued at $1,628,981 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.