Wellington Management Group LLP Has $305,000 Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Wellington Management Group LLP reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 93.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,559 shares of the company's stock after selling 20,763 shares during the period. Wellington Management Group LLP's holdings in Cboe Global Markets were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. California State Teachers Retirement System grew its stake in shares of Cboe Global Markets by 5.0% in the fourth quarter. California State Teachers Retirement System now owns 189,769 shares of the company's stock worth $37,081,000 after purchasing an additional 8,978 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $6,861,000. Cim LLC boosted its stake in shares of Cboe Global Markets by 1.7% in the 4th quarter. Cim LLC now owns 6,011 shares of the company's stock valued at $1,175,000 after purchasing an additional 102 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $15,349,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in Cboe Global Markets by 13.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 1,346 shares of the company's stock worth $263,000 after buying an additional 157 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on CBOE shares. 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 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 stock an "outperform" rating in a research report on Monday, May 5th. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Bank of America restated a "neutral" rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a 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 company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $222.60 on Friday. The firm has a market capitalization of $23.31 billion, a P/E ratio of 30.83, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02. The stock has a 50 day moving average price of $220.87 and a two-hundred day moving average price of $211.16. 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 (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, topping 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 company earned $2.15 earnings per share. Cboe Global Markets's quarterly revenue was up 12.6% on a year-over-year basis. Equities analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.13%. Cboe Global Markets's dividend payout ratio is currently 33.03%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the 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 owns 2,183 shares in the company, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.22% of the stock is owned by insiders.

Cboe Global Markets 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.

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