Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 61.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,140 shares of the company's stock after buying an additional 2,719 shares during the period. Tidal Investments LLC's holdings in Cboe Global Markets were worth $1,395,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased 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 valued at $2,467,700,000 after acquiring an additional 56,233 shares during the period. Alliancebernstein L.P. boosted its position in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. T. Rowe Price Investment Management Inc. grew 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 purchasing an additional 126,721 shares during the last quarter. Geode Capital Management LLC raised its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after purchasing an additional 44,291 shares in the last quarter. Finally, FMR LLC lifted 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 valued at $307,165,000 after buying an additional 38,587 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CBOE shares. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. UBS Group lifted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Piper Sandler upped their price target on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Barclays raised their price objective on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Finally, Morgan Stanley downgraded Cboe Global Markets from an "overweight" rating to an "underweight" rating and dropped their target price for the stock from $256.00 to $215.00 in a research note on Wednesday, May 14th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $219.64.

Cboe Global Markets Stock Up 1.1%

NASDAQ CBOE traded up $2.49 on Friday, hitting $229.10. 107,548 shares of the stock were exchanged, compared to its average volume of 897,690. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $236.02. The company has a 50-day moving average price of $220.26 and a 200-day moving average price of $210.28. 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 company has a market cap of $23.99 billion, a PE ratio of 31.73, a PEG ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm posted $2.15 earnings per share. The firm's revenue was up 12.6% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated 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 directly owns 2,183 shares of the company's stock, valued at $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.22% of the company's stock.

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.