Allspring Global Investments Holdings LLC Trims Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Allspring Global Investments Holdings LLC cut its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 24.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 288,066 shares of the company’s stock after selling 90,829 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.28% of Cboe Global Markets worth $56,588,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. One Wealth Advisors LLC raised its position in Cboe Global Markets by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock worth $217,000 after buying an additional 60 shares during the last quarter. Rehmann Capital Advisory Group raised its position in Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after buying an additional 63 shares during the last quarter. Coldstream Capital Management Inc. raised its position in Cboe Global Markets by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after buying an additional 66 shares during the last quarter. Sunbelt Securities Inc. raised its position in Cboe Global Markets by 3.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock worth $441,000 after buying an additional 71 shares during the last quarter. Finally, Fortem Financial Group LLC raised its position in Cboe Global Markets by 1.6% during the 4th quarter. Fortem Financial Group LLC now owns 6,119 shares of the company’s stock worth $1,196,000 after buying an additional 99 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $208.23 on Friday. The company has a fifty day moving average of $199.40. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The firm has a market cap of $21.80 billion, a PE ratio of 28.37, a P/E/G 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.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter last year, the firm posted $2.06 earnings per share. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.64 EPS 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 paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods cut their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday. 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 for the company. in a report on Monday, January 6th. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $206.86.

About Cboe Global Markets

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.