Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock Holdings Decreased by USS Investment Management Ltd

USS Investment Management Ltd cut its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 18.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,215 shares of the company's stock after selling 4,231 shares during the period. USS Investment Management Ltd's holdings in Cboe Global Markets were worth $3,559,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Cboe Global Markets by 0.4% during the fourth 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 in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Cboe Global Markets by 3.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock worth $784,566,000 after acquiring an additional 126,721 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after acquiring an additional 44,291 shares during the last quarter. Finally, FMR LLC lifted its holdings in Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after buying an additional 38,587 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president now directly owns 2,183 shares of the company's stock, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.22% of the stock is owned by insiders.

Cboe Global Markets Trading Up 0.1%

Cboe Global Markets stock traded up $0.33 during trading on Thursday, reaching $226.32. The company had a trading volume of 134,514 shares, compared to its average volume of 901,105. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $236.02. The stock's 50 day moving average price is $219.97 and its two-hundred day moving average price is $210.16. The firm has a market capitalization of $23.70 billion, a price-to-earnings ratio of 31.35, a PEG ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping 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%. During the same quarter in the previous year, the company earned $2.15 EPS. The company's quarterly revenue was up 12.6% on a year-over-year basis. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.11%. Cboe Global Markets's payout ratio is 33.03%.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of recent analyst reports. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Piper Sandler raised their target price on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a research note on Monday, May 5th. Oppenheimer raised 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, Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and dropped their target price for the company from $256.00 to $215.00 in a report on Wednesday, May 14th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $219.64.

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.