Graham Capital Management L.P. Has $1.16 Million Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Graham Capital Management L.P. trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 32.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,930 shares of the company's stock after selling 2,837 shares during the period. Graham Capital Management L.P.'s holdings in Cboe Global Markets were worth $1,159,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Oak Harvest Investment Services purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth $977,000. Forge First Asset Management Inc. acquired a new position in Cboe Global Markets during the fourth quarter worth $8,461,000. Mirae Asset Global Investments Co. Ltd. increased its position in Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after buying an additional 6,943 shares during the last quarter. Brentview Investment Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $3,278,000. Finally, Skylands Capital LLC grew its position in shares of 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 during the last quarter. 82.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Bank of America reaffirmed a "neutral" rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Oppenheimer raised their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 price target on Cboe Global Markets in a research report on Monday, May 5th. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Morgan Stanley downgraded Cboe Global Markets from an "overweight" rating to an "underweight" rating and lowered their price target for the company from $256.00 to $215.00 in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $219.64.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares of the company's stock, valued at approximately $52,357.76. The trade was a 47.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This trade represents a 9.12% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Trading Up 0.8%

CBOE stock traded up $1.81 during trading on Friday, reaching $220.95. 1,156,118 shares of the stock were exchanged, compared to its average volume of 914,426. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $236.02. The firm has a market capitalization of $23.14 billion, a P/E ratio of 30.60, a P/E/G ratio of 1.75 and a beta of 0.44. The business's 50 day simple moving average is $217.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.15 EPS. Equities analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, May 30th. Cboe Global Markets's payout ratio is 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.