Two Sigma Investments LP Increases Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Two Sigma Investments LP lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 9.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 547,024 shares of the company's stock after acquiring an additional 45,015 shares during the quarter. Two Sigma Investments LP owned approximately 0.52% of Cboe Global Markets worth $106,888,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company's stock, valued at $52,357.76. This represents a 47.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

CBOE has been the subject of several recent analyst reports. Barclays boosted their price objective on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Morgan Stanley lowered shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price target for the stock from $256.00 to $215.00 in a report on Wednesday, May 14th. Piper Sandler lifted their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Oppenheimer lifted their price target 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 issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded up $3.48 during mid-day trading on Friday, reaching $231.90. 521,645 shares of the company traded hands, compared to its average volume of 909,332. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02. The stock has a market capitalization of $24.28 billion, a price-to-earnings ratio of 32.12, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The stock's 50 day moving average price is $218.98.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly 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 net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.15 EPS. On average, sell-side 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 issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.09%. Cboe Global Markets's dividend payout ratio (DPR) 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.