Teacher Retirement System of Texas Takes $3.46 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

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

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock worth $213,000 after acquiring an additional 100 shares during the last quarter. Jones Financial Companies Lllp grew its position in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock worth $42,000 after acquiring an additional 62 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Cboe Global Markets by 1.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,464 shares of the company's stock valued at $872,000 after purchasing an additional 67 shares during the period. Proficio Capital Partners LLC bought a new stake in Cboe Global Markets in the 4th quarter valued at about $14,709,000. Finally, Raymond James Financial Inc. bought a new stake in Cboe Global Markets in the 4th quarter valued at about $59,206,000. Institutional investors own 82.67% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on CBOE shares. Oppenheimer boosted their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. UBS Group boosted their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Piper Sandler boosted their price objective on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Barclays reduced their target price on Cboe Global Markets from $245.00 to $243.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $221.58.

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded up $0.58 during trading on Friday, hitting $235.01. The stock had a trading volume of 669,289 shares, compared to its average volume of 854,044. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 1 year low of $169.09 and a 1 year high of $237.27. The stock has a market cap of $24.61 billion, a price-to-earnings ratio of 32.55, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The stock's 50 day moving average is $227.56 and its two-hundred day moving average is $214.88.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping 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%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.15 EPS. As a group, analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

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

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

About Cboe Global Markets

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.