AQR Capital Management LLC Decreases Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

AQR Capital Management LLC cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 711,978 shares of the company's stock after selling 40,387 shares during the period. AQR Capital Management LLC owned 0.68% of Cboe Global Markets worth $139,120,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its stake in shares of Cboe Global Markets by 9.2% during the fourth quarter. Northern Trust Corp now owns 1,242,890 shares of the company's stock worth $242,861,000 after purchasing an additional 104,257 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $439,000. Susquehanna Fundamental Investments LLC acquired a new position in Cboe Global Markets in the fourth quarter worth about $723,000. Gilder Gagnon Howe & Co. LLC increased its holdings in Cboe Global Markets by 15.2% in the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 254,003 shares of the company's stock valued at $49,632,000 after buying an additional 33,550 shares during the last quarter. Finally, Coldstream Capital Management Inc. increased its holdings in shares of Cboe Global Markets by 40.5% in the 4th quarter. Coldstream Capital Management Inc. now owns 1,852 shares of the company's stock valued at $362,000 after acquiring an additional 534 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the sale, the chief accounting officer now 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the transaction, the executive vice president now directly 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. Over the last ninety days, insiders have sold 11,544 shares of company stock worth $2,380,529. Corporate insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CBOE shares. Barclays lifted their target price on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Loop Capital set a $260.00 price target on Cboe Global Markets in a research note on Wednesday, April 2nd. Piper Sandler raised their target price on shares of Cboe Global Markets from $230.00 to $234.00 and gave the company an "overweight" rating in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price for the company. in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $220.10.

Cboe Global Markets Stock Up 2.3 %

NASDAQ CBOE traded up $5.18 during midday trading on Friday, hitting $226.39. The company had a trading volume of 1,371,037 shares, compared to its average volume of 889,015. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. The firm has a market cap of $23.70 billion, a PE ratio of 31.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The stock has a fifty day moving average of $215.22. 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 (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the business posted $2.15 earnings per share. The company's quarterly revenue was up 12.6% on a year-over-year basis. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's payout ratio is 33.03%.

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.