Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 14.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,344 shares of the company's stock after acquiring an additional 21,728 shares during the period. Cboe Global Markets accounts for 1.1% of E. Ohman J or Asset Management AB's holdings, making the stock its 21st biggest holding. E. Ohman J or Asset Management AB owned about 0.17% of Cboe Global Markets worth $40,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $27,000. Greenline Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $29,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $31,000. Finally, Generali Asset Management SPA SGR bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $37,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE traded down $0.15 during midday trading on Friday, reaching $222.60. The company had a trading volume of 412,637 shares, compared to its average volume of 899,175. The business's 50-day simple moving average is $220.87 and its 200 day simple moving average is $211.15. The stock has a market cap of $23.31 billion, a P/E ratio of 30.83, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $236.02. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

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

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.13%. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the transaction, the executive vice president now owns 2,183 shares of the company's stock, 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 SEC, which is available at this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CBOE has been the subject of several recent analyst reports. UBS Group raised their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Bank of America restated a "neutral" rating and issued a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Cowen restated a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Barclays raised their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Finally, Oppenheimer raised their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $219.64.

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.