SG Americas Securities LLC Has $4.29 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

SG Americas Securities LLC cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 65.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 18,943 shares of the company's stock after selling 36,387 shares during the period. SG Americas Securities LLC's holdings in Cboe Global Markets were worth $4,287,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock valued at $2,467,700,000 after purchasing an additional 56,233 shares during the period. Alliancebernstein L.P. lifted its stake 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 valued at $1,501,745,000 after buying an additional 5,193,339 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in 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 during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Cboe Global Markets by 1.6% during the fourth 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 period. Finally, FMR LLC grew its position in shares of Cboe Global Markets by 2.5% during the fourth quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $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 Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction that occurred 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 sale, 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CBOE. Morgan Stanley downgraded Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price objective for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. Bank of America reiterated a "neutral" rating and set a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Barclays increased their price target on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Oppenheimer lifted their price objective 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. Finally, Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $219.64.

Cboe Global Markets Price Performance

Shares of CBOE traded up $0.92 during mid-day trading on Tuesday, hitting $225.41. 519,399 shares of the company traded hands, 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. The stock has a market capitalization of $23.60 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 1.75 and a beta of 0.43. The business has a 50-day moving average of $222.28 and a 200 day moving average of $211.57. Cboe Global Markets, Inc. has a one year low of $166.88 and a one year high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) 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 company's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.15 EPS. As a group, equities 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 was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.12%. Cboe Global Markets's dividend 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.