Lbp Am Sa Sells 12,653 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lbp Am Sa reduced its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 35.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,488 shares of the company's stock after selling 12,653 shares during the period. Lbp Am Sa's holdings in Cboe Global Markets were worth $5,315,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in shares of Cboe Global Markets during the 1st quarter valued at about $27,000. Cornerstone Planning Group LLC lifted its position in shares of Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company's stock valued at $30,000 after buying an additional 139 shares in the last quarter. Greenline Partners LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. Lee Danner & Bass Inc. purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. Finally, Generali Asset Management SPA SGR purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at about $37,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and lowered their price objective for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Piper Sandler boosted their price target on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Bank of America reaffirmed a "neutral" rating and set a $227.00 price objective (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Finally, Oppenheimer upped their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $221.75.

Insider Buying and Selling at Cboe Global Markets

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

Cboe Global Markets Trading Down 0.0%

Cboe Global Markets stock opened at $232.47 on Thursday. The stock has a 50-day moving average of $227.29 and a two-hundred day moving average of $214.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a one year low of $167.61 and a one year high of $237.27. The stock has a market cap of $24.34 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43.

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

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.08%. 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.

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