Mackenzie Financial Corp Sells 11,274 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mackenzie Financial Corp reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 248,947 shares of the company's stock after selling 11,274 shares during the period. Mackenzie Financial Corp owned 0.24% of Cboe Global Markets worth $48,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CBOE. Barclays PLC increased its holdings in shares of Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company's stock valued at $109,662,000 after purchasing an additional 116,852 shares during the last quarter. Atomi Financial Group Inc. increased its holdings in shares of Cboe Global Markets by 8.3% in the fourth quarter. Atomi Financial Group Inc. now owns 1,621 shares of the company's stock valued at $317,000 after purchasing an additional 124 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Cboe Global Markets by 1.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,068 shares of the company's stock valued at $1,186,000 after acquiring an additional 108 shares in the last quarter. Brighton Jones LLC grew its stake in shares of Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock valued at $213,000 after acquiring an additional 100 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Cboe Global Markets by 2.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 3,809 shares of the company's stock valued at $744,000 after acquiring an additional 99 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CBOE. Barclays upped their price target 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. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Piper Sandler upped their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price target for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. Finally, Oppenheimer upped their price target 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 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. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded up $1.25 during trading hours on Thursday, reaching $227.24. 572,385 shares of the stock were exchanged, compared to its average volume of 905,628. The company has a market cap of $23.79 billion, a P/E ratio of 31.47, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. 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, Inc. has a twelve month low of $166.13 and a twelve month high of $236.02. The stock has a 50 day moving average of $219.97 and a two-hundred day moving average of $210.16.

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

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.11%. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.03%.

Insider Transactions 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 shares were sold at an average price of $226.58, for a total value 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 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 can be accessed through the SEC website. Company insiders own 0.22% of the company's stock.

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.