Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock Holdings Boosted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 7.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,701 shares of the company's stock after buying an additional 4,526 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.06% of Cboe Global Markets worth $14,641,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. NBC Securities Inc. acquired a new stake in Cboe Global Markets in the 1st quarter valued at about $27,000. Lee Danner & Bass Inc. purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $29,000. Greenline Partners LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $29,000. Generali Asset Management SPA SGR acquired a new stake in Cboe Global Markets during the 4th quarter worth $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $39,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.22% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CBOE shares. Loop Capital set a $227.00 price objective on shares of Cboe Global Markets in a research report 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 report on Friday, May 2nd. Oppenheimer upped their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Bank of America reiterated a "neutral" rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Finally, Piper Sandler increased their price objective 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 analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $219.64.

Cboe Global Markets Stock Up 1.3%

Shares of NASDAQ CBOE traded up $2.85 on Friday, hitting $229.00. The company had a trading volume of 741,187 shares, compared to its average volume of 870,763. The business has a 50 day moving average of $224.21 and a two-hundred day moving average of $212.51. The firm has a market capitalization of $23.98 billion, a P/E ratio of 31.72, a PEG ratio of 1.75 and a beta of 0.43. 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 12-month low of $166.88 and a 12-month high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates 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 period in the previous year, the company posted $2.15 earnings per share. The company's quarterly revenue was up 12.6% on a year-over-year basis. As a group, equities research 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 company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. 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.