USS Investment Management Ltd reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 18.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in CBOE. Lee Danner & Bass Inc. purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $29,000. Greenline Partners LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $29,000. Kestra Investment Management LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $31,000. Generali Asset Management SPA SGR purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 82.67% of the company's stock.
Cboe Global Markets Stock Performance
Shares of NASDAQ CBOE traded down $0.32 during midday trading on Tuesday, hitting $231.26. 655,225 shares of the stock traded hands, compared to its average volume of 909,134. The company's 50 day moving average is $219.51. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.02. The company has a market capitalization of $24.22 billion, a P/E ratio of 32.03, a PEG ratio of 1.75 and a beta of 0.44. 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 announced its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates 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 period last year, the company posted $2.15 EPS. Cboe Global Markets's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.
Cboe Global Markets Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.09%. The ex-dividend date is Friday, May 30th. Cboe Global Markets's dividend payout ratio is presently 33.03%.
Analyst Upgrades and Downgrades
A number of research firms recently commented on CBOE. Loop Capital set a $227.00 target price on shares of Cboe Global Markets 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. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price target for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Finally, Oppenheimer lifted their price target on shares of 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 analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $219.64.
View Our Latest Research Report on CBOE
Cboe Global Markets Profile
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Free Report)
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.
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