Axa S.A. Grows Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

AXA S.A. boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 38.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,778 shares of the company's stock after buying an additional 22,031 shares during the period. AXA S.A. owned approximately 0.08% of Cboe Global Markets worth $15,393,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Lee Danner & Bass Inc. purchased a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $29,000. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth about $36,000. Generali Asset Management SPA SGR purchased a new position in Cboe Global Markets during the 4th quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Cboe Global Markets in the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CBOE shares. Piper Sandler increased their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Keefe, Bruyette & Woods cut their price objective on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. UBS Group lifted their target price on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Cowen restated a "hold" rating on shares of Cboe Global Markets in a report on Monday. Finally, StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $223.36.

Cboe Global Markets Stock Up 1.6 %

Shares of NASDAQ CBOE traded up $3.57 during mid-day trading on Friday, hitting $231.71. 741,540 shares of the company were exchanged, compared to its average volume of 896,094. The company has a market capitalization of $24.26 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. 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, Inc. has a 1-year low of $166.13 and a 1-year high of $236.02. The business's 50 day moving average is $217.40.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the firm earned $2.15 EPS. The business's revenue for the quarter was up 12.6% compared to the same quarter last year. Analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.09%. Cboe Global Markets's dividend payout ratio (DPR) is 33.03%.

Insider Activity at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The shares were 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. The trade was a 9.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is owned by corporate insiders.

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.