15,304 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,304 shares of the company's stock, valued at approximately $3,463,000.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. bought a new position in Cboe Global Markets in the 1st quarter worth approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $29,000. Greenline Partners LLC bought a new position in Cboe Global Markets during the fourth quarter worth $29,000. Generali Asset Management SPA SGR bought a new stake in Cboe Global Markets in the 4th quarter valued at $37,000. Finally, Jones Financial Companies Lllp boosted its holdings in Cboe Global Markets by 40.5% in the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after purchasing an additional 62 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $226.58, for a total transaction of $815,234.84. Following the sale, the executive vice president owned 2,183 shares of the company's stock, valued at $494,624.14. This represents a 62.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research analyst reports. Bank of America reaffirmed a "neutral" rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Barclays reduced their price objective on Cboe Global Markets from $245.00 to $243.00 and set an "equal weight" rating for the company in a research report on Thursday. Piper Sandler boosted their price objective on Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Oppenheimer upped their target price on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Finally, Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a research note on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $221.58.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded up $2.37 during trading hours on Thursday, hitting $234.43. 689,603 shares of the stock were exchanged, compared to its average volume of 855,478. The stock has a market capitalization of $24.55 billion, a P/E ratio of 32.47, a P/E/G ratio of 1.75 and a beta of 0.43. The business's 50-day moving average is $227.56 and its two-hundred day moving average is $214.88. 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 12 month low of $168.16 and a 12 month high of $237.27.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping the consensus estimate 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 company posted $2.15 EPS. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.07%. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

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.