First Trust Advisors LP Has $58.32 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

First Trust Advisors LP boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 756.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 298,450 shares of the company's stock after buying an additional 263,585 shares during the period. First Trust Advisors LP owned 0.29% of Cboe Global Markets worth $58,317,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CBOE. Barclays PLC lifted its position in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company's stock valued at $109,662,000 after purchasing an additional 116,852 shares during the last quarter. World Investment Advisors LLC acquired a new position in shares of Cboe Global Markets during the third quarter worth approximately $14,430,000. Tri Ri Asset Management Corp bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $5,499,000. Oddo BHF Asset Management Sas acquired a new stake in Cboe Global Markets in the 3rd quarter valued at approximately $7,647,000. Finally, Principal Financial Group Inc. raised its stake in Cboe Global Markets by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company's stock valued at $32,197,000 after acquiring an additional 3,155 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly owns 1,993 shares of the company's stock, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded up $0.37 during midday trading on Monday, hitting $213.96. 82,349 shares of the stock were exchanged, compared to its average volume of 871,715. The company has a market cap of $22.40 billion, a P/E ratio of 29.63, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $234.37. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average is $214.23.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). 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 $2.06 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's payout ratio is 34.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CBOE shares. William Blair initiated coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating on the stock. The Goldman Sachs Group lowered shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a research note on Monday, January 6th. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Piper Sandler upped their target price on Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. Finally, Loop Capital set a $260.00 price target on Cboe Global Markets in a research report on Wednesday, April 2nd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, Cboe Global Markets currently has a consensus rating of "Hold" and an average target price of $218.80.

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.