Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio decreased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,607 shares of the company's stock after selling 2,969 shares during the period. Public Employees Retirement System of Ohio's holdings in Cboe Global Markets were worth $7,739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Greenline Partners LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter worth $29,000. Lee Danner & Bass Inc. bought a new position in Cboe Global Markets in the 4th quarter worth $29,000. Kestra Investment Management LLC purchased a new position in Cboe Global Markets during the fourth quarter valued at $31,000. Generali Asset Management SPA SGR bought a new stake in Cboe Global Markets during the fourth quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Cboe Global Markets during the fourth quarter valued at about $39,000. Institutional investors own 82.67% of the company's stock.

Insider Transactions at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Up 0.8%

Shares of NASDAQ:CBOE traded up $1.88 on Friday, reaching $229.12. The company had a trading volume of 1,170,065 shares, compared to its average volume of 899,290. The firm has a market capitalization 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 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 52-week low of $166.13 and a 52-week high of $236.02. The firm's 50 day simple moving average is $220.56 and its 200-day simple moving average is $210.49.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $2.50 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%. During the same period in the prior year, the firm earned $2.15 earnings per share. Cboe Global Markets's quarterly revenue was up 12.6% on a year-over-year basis. As a group, analysts expect 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 will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's dividend payout ratio is currently 33.03%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. UBS Group lifted their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. Oppenheimer raised their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Barclays upped their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Piper Sandler increased their price target 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. Finally, Loop Capital set a $227.00 price target on Cboe Global Markets in a report on Monday, May 5th. Three investment 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 MarketBeat, the company currently has a consensus rating of "Hold" and an average 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.