Aquatic Capital Management LLC Sells 27,857 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Aquatic Capital Management LLC reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 56.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,109 shares of the company's stock after selling 27,857 shares during the period. Aquatic Capital Management LLC's holdings in Cboe Global Markets were worth $4,125,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC grew its holdings in 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 acquiring an additional 116,852 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of Cboe Global Markets in the third quarter worth $14,430,000. Tri Ri Asset Management Corp bought a new position in Cboe Global Markets during the 3rd quarter worth $5,499,000. Oddo BHF Asset Management Sas acquired a new position in Cboe Global Markets during the 3rd quarter worth about $7,647,000. Finally, Principal Financial Group Inc. grew its position in shares of Cboe Global Markets by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company's stock valued at $32,197,000 after buying an additional 3,155 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE traded up $5.18 during midday trading on Friday, hitting $226.39. 1,371,037 shares of the stock traded hands, compared to its average volume of 889,015. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $234.37. The company's 50 day moving average is $215.22. The company has a market capitalization of $23.70 billion, a P/E ratio of 31.36, a PEG ratio of 1.75 and a beta of 0.47.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $2.50 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%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.15 earnings per share. As a group, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.11%. Cboe Global Markets's dividend payout ratio (DPR) is currently 34.90%.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of analyst reports. Jefferies Financial Group lowered their price objective on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research report on Friday, April 11th. Piper Sandler increased their price objective on shares of Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. Finally, Barclays increased their price target on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $220.10.

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.