First Hawaiian Bank Sells 275 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

First Hawaiian Bank trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,283 shares of the company’s stock after selling 275 shares during the period. First Hawaiian Bank’s holdings in Cboe Global Markets were worth $641,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CBOE. Barclays PLC increased its position 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 in the last quarter. Nordea Investment Management AB increased its position 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 in the last quarter. Harmony Asset Management LLC bought a new stake in Cboe Global Markets in the 3rd quarter valued at about $15,175,000. World Investment Advisors LLC bought a new stake in Cboe Global Markets in the 3rd quarter valued at about $14,430,000. Finally, Erste Asset Management GmbH acquired a new position in Cboe Global Markets during the 3rd quarter valued at about $11,191,000. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Down 0.9 %

Shares of NASDAQ CBOE opened at $191.23 on Friday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The business has a 50 day simple moving average of $202.04. The stock has a market cap of $20.02 billion, a P/E ratio of 26.05, a PEG ratio of 1.71 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 business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.63 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.32%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Keefe, Bruyette & Woods lifted their price target on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday. They set a “market perform” rating for the company. Jefferies Financial Group cut their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday. Finally, The Goldman Sachs Group downgraded 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. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $197.60.

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.