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Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Bank of New York Mellon Corp

Cboe Global Markets logo with Finance background

Bank of New York Mellon Corp boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 3.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 584,286 shares of the company's stock after acquiring an additional 18,619 shares during the period. Bank of New York Mellon Corp owned 0.56% of Cboe Global Markets worth $132,218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CBOE. Brighton Jones LLC lifted its position in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock valued at $213,000 after acquiring an additional 100 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after acquiring an additional 62 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in Cboe Global Markets by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,464 shares of the company's stock valued at $872,000 after acquiring an additional 67 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in Cboe Global Markets during the fourth quarter valued at approximately $14,709,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Cboe Global Markets in the fourth quarter worth $59,206,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the sale, the executive vice president owned 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.22% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. UBS Group raised their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Oppenheimer raised their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a report on Monday, May 5th. Finally, Piper Sandler raised their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus target price of $221.58.

Get Our Latest Stock Report on CBOE

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $2.37 during trading on Thursday, hitting $234.43. 689,603 shares of the company's stock were exchanged, compared to its average volume of 855,478. The stock has a market capitalization of $24.55 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The business has a 50-day simple moving average of $227.56 and a 200-day simple moving average of $214.88. Cboe Global Markets, Inc. has a 52-week low of $168.16 and a 52-week high of $237.27.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating the consensus estimate 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 company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. On average, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

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

Cboe Global Markets Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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