Principal Financial Group Inc. Has $30.43 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Principal Financial Group Inc. lowered its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,733 shares of the company’s stock after selling 1,425 shares during the quarter. Principal Financial Group Inc. owned approximately 0.15% of Cboe Global Markets worth $30,430,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC raised its position in shares of Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after purchasing an additional 5,216 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Cboe Global Markets by 5.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock worth $131,510,000 after acquiring an additional 36,710 shares during the period. Nordea Investment Management AB increased its holdings in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the period. Barclays PLC increased its holdings in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after buying an additional 116,852 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after purchasing an additional 24,177 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CBOE. William Blair began coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. Bank of America boosted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Jefferies Financial Group lowered their price objective 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 research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the company’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 owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,316 shares of company stock valued at $2,332,393 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Trading Up 1.0 %

Shares of CBOE stock opened at $210.93 on Friday. The company has a market cap of $22.08 billion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.75 and a beta of 0.68. The company’s fifty day simple moving average is $199.97. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the business posted $2.06 EPS. On average, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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 yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is 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.