Toronto Dominion Bank Increases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Toronto Dominion Bank grew its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 6.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,019 shares of the company's stock after acquiring an additional 3,589 shares during the quarter. Toronto Dominion Bank owned about 0.05% of Cboe Global Markets worth $10,946,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC boosted its position in shares of Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company's stock valued at $109,662,000 after buying an additional 116,852 shares during the last quarter. Brighton Jones LLC boosted its position in shares of Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock valued at $213,000 after buying an additional 100 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in Cboe Global Markets by 2.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 3,809 shares of the company's stock worth $744,000 after purchasing an additional 99 shares during the last quarter. Blue Trust Inc. boosted its position in Cboe Global Markets by 69.4% in the fourth quarter. Blue Trust Inc. now owns 3,272 shares of the company's stock worth $670,000 after purchasing an additional 1,341 shares during the last quarter. Finally, KBC Group NV boosted its position in Cboe Global Markets by 4.4% in the fourth quarter. KBC Group NV now owns 24,438 shares of the company's stock worth $4,775,000 after purchasing an additional 1,019 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Loop Capital set a $227.00 target price on Cboe Global Markets in a research report on Monday, May 5th. Barclays raised their target price 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. Piper Sandler raised their target price 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. Wall Street Zen raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Bank of America reissued a "neutral" rating and issued a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $219.64.

Cboe Global Markets Price Performance

CBOE traded up $1.98 on Monday, hitting $231.10. 809,524 shares of the company's stock traded hands, compared to its average volume of 907,296. The company's 50 day simple moving average is $220.82 and its 200-day simple moving average is $210.70. The firm has a market cap of $24.20 billion, a price-to-earnings ratio of 32.01, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.02. 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 (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter in the prior year, the firm posted $2.15 EPS. Cboe Global Markets's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Friday, May 30th. Cboe Global Markets's payout ratio is 33.03%.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the sale, the executive vice president now owns 2,183 shares of the company's stock, valued at $494,624.14. The trade was a 62.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.22% of the company's stock.

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.