Gotham Asset Management LLC Lowers Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Gotham Asset Management LLC trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,635 shares of the company's stock after selling 1,270 shares during the quarter. Gotham Asset Management LLC owned approximately 0.06% of Cboe Global Markets worth $12,630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CBOE. Oak Harvest Investment Services purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $977,000. Forge First Asset Management Inc. purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after purchasing an additional 6,943 shares in the last quarter. Brentview Investment Management LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $3,278,000. Finally, Skylands Capital LLC raised its stake in Cboe Global Markets by 88.9% in the fourth quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock valued at $1,661,000 after purchasing an additional 4,000 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent analyst reports. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Oppenheimer raised their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Barclays lifted 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. Piper Sandler lifted their price target 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, Keefe, Bruyette & Woods decreased their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research note on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $223.36.

Insider Buying and Selling

In related news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This trade represents a 57.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,464 shares of company stock valued at $2,363,596 over the last three months. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Stock Up 1.6%

Shares of NASDAQ CBOE opened at $231.71 on Monday. 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, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02. The business has a fifty day moving average price of $217.40. The stock has a market capitalization of $24.26 billion, a P/E ratio of 32.09, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping 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%. During the same period in the prior year, the business earned $2.15 EPS. The company's revenue was up 12.6% compared to the same quarter last year. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

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 paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, May 30th. Cboe Global Markets's payout ratio is 33.03%.

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.

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.