California State Teachers Retirement System Buys 8,978 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

California State Teachers Retirement System raised its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 189,769 shares of the company's stock after acquiring an additional 8,978 shares during the quarter. California State Teachers Retirement System owned about 0.18% of Cboe Global Markets worth $37,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Alliancebernstein L.P. grew its position in shares of Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. Norges Bank purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $269,524,000. Raymond James Financial Inc. purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $59,206,000. First Trust Advisors LP grew its position in Cboe Global Markets by 756.0% in the fourth 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 in the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Cboe Global Markets by 108.3% in the fourth quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company's stock worth $3,498,000 after acquiring an additional 234,199 shares in the last quarter. Institutional investors own 82.67% of the company's stock.

Insider Buying and Selling

In related 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 value of $815,234.84. Following the completion of the transaction, the executive vice president now directly owns 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 filing with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CBOE. Piper Sandler upped their target price on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Oppenheimer upped their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Morgan Stanley lowered shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and cut their target price for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. UBS Group upped their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Finally, Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a research report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Trading Up 0.9%

Shares of NASDAQ:CBOE traded up $1.98 during midday trading on Monday, hitting $231.10. 809,524 shares of the stock traded hands, compared to its average volume of 907,296. The stock has a market capitalization of $24.20 billion, a PE ratio of 32.01, a P/E/G ratio of 1.75 and a beta of 0.44. The business's 50 day moving average is $220.82 and its two-hundred day moving average is $210.70. 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 one year low of $166.13 and a one year high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data 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 was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.15 earnings per share. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is 33.03%.

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.