Woodline Partners LP Takes $1.23 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Woodline Partners LP bought a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,287 shares of the company's stock, valued at approximately $1,228,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Cboe Global Markets by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after purchasing an additional 56,233 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Cboe Global Markets by 3.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock worth $784,566,000 after purchasing an additional 126,721 shares during the period. Geode Capital Management LLC lifted its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after buying an additional 44,291 shares during the period. Finally, FMR LLC lifted its holdings in Cboe Global Markets by 2.5% in the fourth 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 during the period. 82.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on CBOE. UBS Group raised their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Barclays boosted their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Oppenheimer upped their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Piper Sandler upped 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. Finally, Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a report on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of "Hold" and a consensus price target of $219.64.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the business'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 transaction, the executive vice president now directly owns 2,183 shares of the company's stock, valued at approximately $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded up $2.83 during trading on Friday, reaching $229.44. 119,913 shares of the company's stock traded hands, compared to its average volume of 897,872. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a 50 day moving average of $220.26 and a 200-day moving average of $210.28. The stock has a market capitalization of $24.03 billion, a P/E ratio of 31.78, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating 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 last year, the company earned $2.15 EPS. Cboe Global Markets's revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.03%.

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.