Rhumbline Advisers Has $50.87 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Rhumbline Advisers increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 6.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,820 shares of the company's stock after acquiring an additional 13,636 shares during the period. Rhumbline Advisers owned approximately 0.21% of Cboe Global Markets worth $50,874,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Forge First Asset Management Inc. bought a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after buying an additional 6,943 shares in the last quarter. Skylands Capital LLC boosted its holdings in Cboe Global Markets by 88.9% during the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock worth $1,661,000 after buying an additional 4,000 shares in the last quarter. Amundi boosted its holdings in Cboe Global Markets by 27.2% during the fourth quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after buying an additional 189,280 shares in the last quarter. Finally, Triasima Portfolio Management inc. bought a new stake in Cboe Global Markets during the fourth quarter worth approximately $1,196,000. 82.67% of the stock is currently owned by institutional investors.

Insider Activity at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction 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 transaction, the executive vice president now directly owns 2,183 shares in the company, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.22% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Down 0.4%

Shares of Cboe Global Markets stock traded down $0.99 during midday trading on Thursday, reaching $222.75. 977,748 shares of the company's stock traded hands, compared to its average volume of 903,766. The company has a market cap of $23.32 billion, a price-to-earnings ratio of 30.85, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company's 50 day simple moving average is $220.98 and its 200 day simple moving average is $210.91. 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 52 week low of $166.13 and a 52 week high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating 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%. The firm's revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.15 EPS. Equities 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 company 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 $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.13%. Cboe Global Markets's payout ratio is presently 33.03%.

Analyst Ratings Changes

CBOE has been the subject of a number of research reports. Cowen restated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. 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 report on Monday, May 5th. 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 report on Monday, May 5th. 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 report on Friday, May 2nd. Finally, Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price target for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Three research 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 data from MarketBeat.com, Cboe Global Markets 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.