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

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.

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

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.