Quantinno Capital Management LP Purchases 8,819 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Quantinno Capital Management LP grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 35.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 34,023 shares of the company's stock after buying an additional 8,819 shares during the period. Quantinno Capital Management LP's holdings in Cboe Global Markets were worth $6,648,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Oak Harvest Investment Services bought a new position in Cboe Global Markets during the 4th quarter worth approximately $977,000. Forge First Asset Management Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter worth $8,461,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of 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 purchasing an additional 6,943 shares in the last quarter. Brentview Investment Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $3,278,000. Finally, Skylands Capital LLC increased its position in shares of Cboe Global Markets by 88.9% in the 4th quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock valued at $1,661,000 after buying an additional 4,000 shares in the last quarter. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded up $1.65 during trading hours on Tuesday, hitting $226.06. The company had a trading volume of 855,683 shares, compared to its average volume of 916,632. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The business's 50-day moving average is $218.23. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $236.02. The stock has a market capitalization of $23.67 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 1.75 and a beta of 0.44.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share 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 previous year, the business posted $2.15 earnings per share. The firm's quarterly revenue was up 12.6% compared to the same quarter last year. As a group, research analysts expect 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 disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.11%. Cboe Global Markets's dividend payout ratio is 33.03%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value 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 represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Allen Wilkinson sold 228 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CBOE. Loop Capital set a $227.00 target price on Cboe Global Markets in a research note on Monday, May 5th. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Barclays increased their target price on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Finally, Oppenheimer boosted their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of "Hold" and a consensus price target of $219.64.

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.