Cboe Global Markets, Inc. (NASDAQ:CBOE) Stake Raised by Cidel Asset Management Inc.

Cidel Asset Management Inc. increased its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 19.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,052 shares of the company's stock after acquiring an additional 17,551 shares during the period. Cboe Global Markets comprises about 1.6% of Cidel Asset Management Inc.'s holdings, making the stock its 20th largest holding. Cidel Asset Management Inc. owned approximately 0.10% of Cboe Global Markets worth $23,999,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. Brighton Jones LLC grew 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 purchasing an additional 100 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Cboe Global Markets by 1.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 9,563 shares of the company's stock worth $1,869,000 after purchasing an additional 92 shares in the last quarter. Private Trust Co. NA raised its stake in shares of Cboe Global Markets by 6.4% during the 4th quarter. Private Trust Co. NA now owns 2,357 shares of the company's stock worth $461,000 after purchasing an additional 142 shares in the last quarter. US Bancorp DE raised its stake in shares of Cboe Global Markets by 13.9% during the 4th quarter. US Bancorp DE now owns 6,146 shares of the company's stock worth $1,201,000 after purchasing an additional 749 shares in the last quarter. Finally, Metis Global Partners LLC raised its stake in shares of Cboe Global Markets by 54.7% during the 4th quarter. Metis Global Partners LLC now owns 8,375 shares of the company's stock worth $1,636,000 after purchasing an additional 2,961 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CBOE shares. Barclays raised their price target on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Bank of America reaffirmed a "neutral" rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. UBS Group raised their price target on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Loop Capital set a $227.00 price objective on Cboe Global Markets in a research note on Monday, May 5th. Finally, Wall Street Zen raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $219.64.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $233.21 on Tuesday. 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's 50 day moving average is $224.82 and its two-hundred day moving average is $213.07. The company has a market cap of $24.42 billion, a P/E ratio of 32.30, a P/E/G ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a 12 month low of $166.88 and a 12 month high of $236.02.

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

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Friday, May 30th. Cboe Global Markets's dividend payout ratio is currently 33.03%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction that occurred 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 directly owned 2,183 shares of the company's stock, valued at $494,624.14. The trade was a 62.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.22% of the stock is currently owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.