Park Avenue Securities LLC Sells 3,224 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Park Avenue Securities LLC lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 54.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,674 shares of the company's stock after selling 3,224 shares during the quarter. Park Avenue Securities LLC's holdings in Cboe Global Markets were worth $605,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CBOE. Vanguard Group Inc. raised its holdings in shares of Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after purchasing an additional 56,233 shares in the last quarter. Alliancebernstein L.P. grew its position in Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after buying an additional 5,193,339 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of Cboe Global Markets by 3.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock valued at $784,566,000 after buying an additional 126,721 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Cboe Global Markets by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock valued at $535,994,000 after acquiring an additional 44,291 shares during the last quarter. Finally, FMR LLC lifted its position in shares of Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock valued at $307,165,000 after acquiring an additional 38,587 shares during the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the business's stock in a transaction on 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 of the company's stock, valued at $494,624.14. The trade was a 62.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Up 0.4%

NASDAQ CBOE traded up $0.92 on Tuesday, reaching $225.41. The stock had a trading volume of 519,399 shares, compared to its average volume of 881,687. 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 1 year low of $166.88 and a 1 year high of $236.02. The business has a 50 day moving average price of $222.28 and a 200 day moving average price of $211.57. The company has a market capitalization of $23.60 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 1.75 and a beta of 0.43.

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

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is 33.03%.

Wall Street Analyst Weigh In

CBOE has been the topic of a number of recent analyst reports. Oppenheimer boosted their target price on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 price target on Cboe Global Markets in a research note on Monday, May 5th. Bank of America restated a "neutral" rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $219.64.

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.