Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 94.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,626 shares of the company's stock after selling 26,023 shares during the quarter. Worldquant Millennium Advisors LLC's holdings in Cboe Global Markets were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CBOE. Alliancebernstein L.P. lifted its holdings in Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after buying an additional 5,193,339 shares during the period. Norges Bank bought a new stake in Cboe Global Markets in the 4th quarter worth approximately $269,524,000. Raymond James Financial Inc. bought a new stake in Cboe Global Markets in the 4th quarter worth approximately $59,206,000. First Trust Advisors LP grew its position in Cboe Global Markets by 756.0% in the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company's stock worth $58,317,000 after purchasing an additional 263,585 shares during the period. Finally, Balyasny Asset Management L.P. grew its position in Cboe Global Markets by 108.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company's stock worth $3,498,000 after purchasing an additional 234,199 shares during the period. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded down $4.57 during midday trading on Wednesday, reaching $226.69. The company's stock had a trading volume of 144,592 shares, compared to its average volume of 901,248. The firm has a market capitalization of $23.74 billion, a PE ratio of 31.40, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $236.02. The stock has a fifty day moving average of $219.75 and a 200 day moving average of $210.04. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly 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 company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.03%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CBOE. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley lowered Cboe Global Markets from an "overweight" rating to an "underweight" rating and dropped their price objective for the stock from $256.00 to $215.00 in a research note on Wednesday, May 14th. 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. Bank of America reiterated a "neutral" rating and issued a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Finally, Oppenheimer boosted 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 investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has a consensus rating of "Hold" and a consensus target price of $219.64.

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.