ING Groep NV Sells 542 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

ING Groep NV decreased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,732 shares of the company’s stock after selling 542 shares during the quarter. ING Groep NV’s holdings in Cboe Global Markets were worth $925,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $36,000. TD Private Client Wealth LLC grew its stake in shares of Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after acquiring an additional 222 shares during the last quarter. Trust Co. of Vermont grew its stake in shares of Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after acquiring an additional 400 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets in the third quarter worth $158,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE opened at $210.79 on Tuesday. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a fifty day moving average price of $200.27. The firm has a market cap of $22.07 billion, a P/E ratio of 29.20, a PEG ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the company posted $2.06 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.20%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Insider Activity

In other news, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,316 shares of company stock worth $2,332,393. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several research analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Barclays lifted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Oppenheimer decreased their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.