Lansforsakringar Fondforvaltning AB publ Invests $6.86 Million in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lansforsakringar Fondforvaltning AB publ acquired a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 35,112 shares of the company's stock, valued at approximately $6,861,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CBOE. Oak Harvest Investment Services acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $977,000. Forge First Asset Management Inc. acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $8,461,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after purchasing an additional 6,943 shares during the period. Brentview Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $3,278,000. Finally, Skylands Capital LLC grew its stake in shares of Cboe Global Markets by 88.9% during the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock worth $1,661,000 after purchasing an additional 4,000 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the company's 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 sale, the executive vice president now owns 2,183 shares in the company, 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. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Up 0.8%

CBOE traded up $1.88 on Friday, hitting $229.12. 1,170,065 shares of the company were exchanged, compared to its average volume of 899,290. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $236.02. The company has a market cap of $23.99 billion, a PE ratio of 31.73, a PEG ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock's fifty day moving average is $220.56 and its 200-day moving average is $210.41.

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, 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%. During the same quarter last year, the firm earned $2.15 EPS. The firm's quarterly revenue was up 12.6% on a year-over-year basis. Equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.10%. Cboe Global Markets's dividend payout ratio is 33.03%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Piper Sandler lifted their price objective 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. Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price objective for the stock from $256.00 to $215.00 in a research note on Wednesday, May 14th. Wall Street Zen raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Oppenheimer boosted their target price on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Finally, Barclays boosted their target price on 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. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Company 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.