Axecap Investments LLC Has $1.01 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Axecap Investments LLC lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 31.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,461 shares of the company's stock after selling 2,006 shares during the quarter. Axecap Investments LLC's holdings in Cboe Global Markets were worth $1,009,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Alliancebernstein L.P. boosted its holdings in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the period. Norges Bank purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $269,524,000. GAMMA Investing LLC boosted its holdings in Cboe Global Markets by 29,094.5% in the 1st quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company's stock worth $275,290,000 after acquiring an additional 1,212,368 shares during the period. Raymond James Financial Inc. purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $59,206,000. Finally, First Trust Advisors LP boosted its holdings in Cboe Global Markets by 756.0% in the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company's stock worth $58,317,000 after acquiring an additional 263,585 shares during the period. Hedge funds and other institutional investors own 82.67% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CBOE. Loop Capital set a $227.00 price target on Cboe Global Markets in a report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Oppenheimer increased 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. Bank of America reiterated a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Finally, Piper Sandler increased their target price on Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded up $3.41 during trading hours on Thursday, hitting $226.30. The company had a trading volume of 694,169 shares, compared to its average volume of 889,505. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $236.02. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The business has a fifty day simple moving average of $221.21 and a 200-day simple moving average of $211.45. The firm has a market cap of $23.70 billion, a P/E ratio of 31.34, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating 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 quarter in the previous year, the company earned $2.15 earnings per share. Cboe Global Markets's revenue for the quarter was up 12.6% on a year-over-year basis. Equities analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors 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 annualized dividend and a yield of 1.11%. Cboe Global Markets's dividend payout ratio is currently 33.03%.

Insider Activity at Cboe Global Markets

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 completion of the transaction, the executive vice president now owns 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.22% of the company's stock.

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.