Gilder Gagnon Howe & Co. LLC Acquires 33,550 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Gilder Gagnon Howe & Co. LLC boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 15.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 254,003 shares of the company’s stock after purchasing an additional 33,550 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned about 0.24% of Cboe Global Markets worth $49,632,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after buying an additional 116,852 shares during the period. World Investment Advisors LLC bought a new position in Cboe Global Markets during the third quarter worth $14,430,000. Tri Ri Asset Management Corp acquired a new stake in Cboe Global Markets in the third quarter worth $5,499,000. Oddo BHF Asset Management Sas bought a new stake in Cboe Global Markets in the third quarter valued at $7,647,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after purchasing an additional 3,155 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a document filed 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 dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at $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 three months, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on the company. Keefe, Bruyette & Woods reduced their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Oppenheimer raised their price objective on Cboe Global Markets from $233.00 to $237.00 and gave the company an “outperform” rating in a research note on Friday, April 11th. Bank of America reaffirmed a “neutral” rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Loop Capital set a $260.00 price target on shares of Cboe Global Markets in a research report on Wednesday, April 2nd. Finally, Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $218.80.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $213.59 on Friday. The business has a fifty day moving average price of $214.23. The company has a market cap of $22.36 billion, a price-to-earnings ratio of 29.58, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. 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 $234.37.

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 analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.06 earnings per share. On average, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets’s payout ratio is 34.90%.

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.