Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock Position Raised by Ossiam

Ossiam raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,233 shares of the company's stock after buying an additional 1,201 shares during the quarter. Ossiam's holdings in Cboe Global Markets were worth $1,023,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company's stock valued at $96,613,000 after buying an additional 24,177 shares during the period. Oak Harvest Investment Services acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $977,000. Forge First Asset Management Inc. acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $8,461,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Cboe Global Markets by 40.3% in the 4th 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. Finally, Brentview Investment Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $3,278,000. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Up 0.4 %

NASDAQ:CBOE traded up $0.91 during mid-day trading on Friday, hitting $213.59. The stock had a trading volume of 640,090 shares, compared to its average volume of 882,051. The stock has a market capitalization of $22.36 billion, a PE ratio of 29.58, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The stock's 50 day moving average is $214.23. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37. 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 issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the company earned $2.06 earnings per share. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the business's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CBOE. Bank of America reaffirmed a "neutral" rating and issued a $227.00 price objective (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a "market perform" rating for the company. Piper Sandler raised their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. Morgan Stanley upgraded shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price target on the stock in a research report on Tuesday, April 8th. Finally, Oppenheimer raised their price target on shares of Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus price target of $218.80.

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.