USS Investment Management Ltd Has $3.56 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

USS Investment Management Ltd decreased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 18.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,215 shares of the company's stock after selling 4,231 shares during the quarter. USS Investment Management Ltd's holdings in Cboe Global Markets were worth $3,559,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of CBOE. Lee Danner & Bass Inc. acquired a new position in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. Greenline Partners LLC purchased a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. Kestra Investment Management LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at $31,000. Generali Asset Management SPA SGR purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Analyst Upgrades and Downgrades

CBOE has been the subject of several research reports. UBS Group lifted their target price on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Bank of America reaffirmed a "neutral" rating and issued a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Wall Street Zen raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price target for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. Finally, Piper Sandler boosted their price objective 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. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $219.64.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE traded down $5.27 during midday trading on Wednesday, reaching $225.99. 895,071 shares of the company traded hands, compared to its average volume of 908,996. The company has a market cap of $23.66 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 1.75 and a beta of 0.44. The stock has a 50-day moving average price of $219.75 and a 200 day moving average price of $210.04. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02. 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 (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 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%. The business's quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.15 EPS. Sell-side analysts anticipate 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. Shareholders of record on Friday, May 30th will be given 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 1.12%. 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.