Rafferty Asset Management LLC Has $7.22 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Rafferty Asset Management LLC boosted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,935 shares of the company's stock after acquiring an additional 1,461 shares during the quarter. Rafferty Asset Management LLC's holdings in Cboe Global Markets were worth $7,217,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets in the fourth quarter worth $29,000. Greenline Partners LLC acquired a new stake in Cboe Global Markets in the fourth quarter worth about $29,000. Kestra Investment Management LLC acquired a new stake in Cboe Global Markets in the fourth quarter worth about $31,000. Sugar Maple Asset Management LLC bought a new position in Cboe Global Markets in the 4th quarter valued at about $36,000. Finally, Generali Asset Management SPA SGR acquired a new position in Cboe Global Markets during the 4th quarter valued at about $37,000. Institutional investors own 82.67% of the company's stock.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90% 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. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CBOE. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Loop Capital set a $227.00 target price on Cboe Global Markets in a report on Monday, May 5th. Piper Sandler increased their price target on Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. UBS Group lifted their price target 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. Finally, Oppenheimer boosted their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Trading Up 1.0%

CBOE stock traded up $2.17 during mid-day trading on Wednesday, hitting $228.23. The stock had a trading volume of 930,479 shares, compared to its average volume of 916,255. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $236.02. The business's fifty day moving average price is $218.45. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market cap of $23.90 billion, a PE ratio of 31.61, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data 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 return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the company earned $2.15 EPS. The firm's quarterly revenue was up 12.6% on a year-over-year basis. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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