Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by Soros Fund Management LLC

Soros Fund Management LLC lessened its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 63.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,588 shares of the company's stock after selling 40,100 shares during the quarter. Soros Fund Management LLC's holdings in Cboe Global Markets were worth $4,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CBOE. Vanguard Group Inc. increased its holdings in Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock valued at $2,467,700,000 after purchasing an additional 56,233 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after buying an additional 5,193,339 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in Cboe Global Markets by 3.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock valued at $784,566,000 after acquiring an additional 126,721 shares during the period. Geode Capital Management LLC boosted its stake in shares of Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock valued at $535,994,000 after purchasing an additional 44,291 shares during the period. Finally, FMR LLC increased its stake in Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after buying an additional 38,587 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 2.3 %

Shares of CBOE traded up $5.18 on Friday, reaching $226.39. The stock had a trading volume of 1,371,037 shares, compared to its average volume of 889,015. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock has a market cap of $23.70 billion, a price-to-earnings ratio of 31.36, a PEG ratio of 1.75 and a beta of 0.44. The company's 50-day moving average is $215.22. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $234.37.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) 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%. During the same period last year, the company posted $2.15 EPS. The company's quarterly revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 33.03%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on CBOE shares. Jefferies Financial Group decreased their price objective on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. Barclays boosted their target price 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. Loop Capital set a $260.00 price objective on Cboe Global Markets in a research report on Wednesday, April 2nd. Oppenheimer boosted their target price on Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research note on Friday, April 11th. Finally, Piper Sandler raised their price objective on shares of Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of "Hold" and an average target price of $220.10.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was 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 of the company's stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over 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 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.