Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 192.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,164 shares of the company’s stock after buying an additional 73,107 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.11% of Cboe Global Markets worth $21,721,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares during the period. Oak Harvest Investment Services purchased a new position in shares of Cboe Global Markets in the 4th quarter valued at approximately $977,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Cboe Global Markets by 40.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after purchasing an additional 6,943 shares during the last quarter. Brentview Investment Management LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter valued at approximately $3,278,000. Finally, Skylands Capital LLC grew its stake in shares of Cboe Global Markets by 88.9% in the 4th quarter. Skylands Capital LLC now owns 8,500 shares of the company’s stock valued at $1,661,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Buying and Selling

In other news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the business’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CBOE. Bank of America lifted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. William Blair began coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Barclays lifted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Two 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $215.13 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66. The stock has a market capitalization of $22.52 billion, a P/E ratio of 29.80, a PEG ratio of 1.75 and a beta of 0.67. The company has a 50 day simple moving average of $204.08.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data 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 last year, the firm earned $2.06 EPS. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued 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 1.17%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Cboe Global Markets Company 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.