IFM Investors Pty Ltd Buys 1,376 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

IFM Investors Pty Ltd boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,914 shares of the company's stock after purchasing an additional 1,376 shares during the period. IFM Investors Pty Ltd's holdings in Cboe Global Markets were worth $5,864,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. NBC Securities Inc. acquired a new stake in Cboe Global Markets during the 1st quarter worth about $27,000. Greenline Partners LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $29,000. Lee Danner & Bass Inc. bought a new stake in shares of Cboe Global Markets in the 4th quarter worth $29,000. Generali Asset Management SPA SGR bought a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $37,000. Finally, Versant Capital Management Inc boosted its position in Cboe Global Markets by 221.2% in the first quarter. Versant Capital Management Inc now owns 212 shares of the company's stock worth $48,000 after purchasing an additional 146 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CBOE shares. UBS Group increased their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price objective for the company from $256.00 to $215.00 in a report on Wednesday, May 14th. Oppenheimer increased their target price on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Barclays boosted their price objective on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. Finally, Piper Sandler raised their target price on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $219.64.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction 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 completion of the sale, the executive vice president owned 2,183 shares of the company's stock, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Stock Up 1.7%

NASDAQ CBOE traded up $3.85 during trading hours on Monday, reaching $235.22. 636,166 shares of the company's stock traded hands, compared to its average volume of 860,849. Cboe Global Markets, Inc. has a 52-week low of $166.88 and a 52-week high of $236.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a 50-day simple moving average of $226.77 and a 200 day simple moving average of $214.34. The firm has a market cap of $24.63 billion, a PE ratio of 32.58, a PEG ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (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%. During the same quarter last year, the business earned $2.15 earnings per share. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

About Cboe Global Markets

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.