Caisse DE Depot ET Placement DU Quebec Sells 61,318 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Caisse DE Depot ET Placement DU Quebec cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 37.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 102,350 shares of the company's stock after selling 61,318 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.10% of Cboe Global Markets worth $19,999,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CBOE. Vanguard Group Inc. increased its stake in Cboe Global Markets by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Cboe Global Markets by 3.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock worth $784,566,000 after purchasing an additional 126,721 shares in the last quarter. Geode Capital Management LLC raised its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock valued at $535,994,000 after buying an additional 44,291 shares during the period. Finally, FMR LLC lifted its position in Cboe Global Markets by 2.5% during the fourth quarter. FMR LLC now owns 1,571,980 shares of the company's stock valued at $307,165,000 after buying an additional 38,587 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Cboe Global Markets from $235.00 to $256.00 and gave the company an "overweight" rating in a research note on Monday. Loop Capital set a $227.00 price objective on Cboe Global Markets in a research note on Monday. UBS Group boosted their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday. Bank of America restated a "neutral" rating and set a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Finally, Oppenheimer boosted their price target on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus price target of $223.36.

Cboe Global Markets Trading Up 0.7 %

Shares of Cboe Global Markets stock traded up $1.65 on Tuesday, reaching $233.32. 843,474 shares of the company were exchanged, compared to its average volume of 892,677. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. The stock has a market cap of $24.43 billion, a price-to-earnings ratio of 32.32, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The business has a fifty day simple moving average of $216.25.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data 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 was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 earnings per share. On average, equities 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 company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.08%. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.03%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The transaction was disclosed in a filing 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 shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company's stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last three months. 0.22% of the stock is currently owned by company 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.