Sanibel Captiva Trust Company Inc. Decreases Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sanibel Captiva Trust Company Inc. lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,514 shares of the company’s stock after selling 85 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in Cboe Global Markets were worth $3,422,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CBOE. USA Financial Formulas purchased a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $182,000. Burney Co. lifted its position in Cboe Global Markets by 8.2% in the fourth quarter. Burney Co. now owns 6,891 shares of the company’s stock worth $1,347,000 after buying an additional 523 shares during the last quarter. Covea Finance boosted its stake in Cboe Global Markets by 283.2% during the fourth quarter. Covea Finance now owns 43,300 shares of the company’s stock worth $8,461,000 after buying an additional 32,000 shares during the period. Park Avenue Securities LLC increased its position in Cboe Global Markets by 23.0% during the fourth quarter. Park Avenue Securities LLC now owns 5,898 shares of the company’s stock valued at $1,152,000 after acquiring an additional 1,101 shares during the last quarter. Finally, Kathmere Capital Management LLC raised its stake in shares of Cboe Global Markets by 56.0% in the fourth quarter. Kathmere Capital Management LLC now owns 1,568 shares of the company’s stock valued at $306,000 after acquiring an additional 563 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on CBOE shares. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. Oppenheimer cut their target price on 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. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research note on Monday, January 6th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $198.83.

Cboe Global Markets Price Performance

CBOE stock opened at $194.78 on Friday. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a 50-day moving average price of $200.89. The company has a market capitalization of $20.39 billion, a P/E ratio of 26.54, a P/E/G ratio of 1.96 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.63 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.29%. Cboe Global Markets’s payout ratio is presently 34.33%.

Cboe Global Markets 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.