Susquehanna Fundamental Investments LLC Makes New $723,000 Investment in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,700 shares of the company's stock, valued at approximately $723,000.

Several other hedge funds also recently made changes to their positions in CBOE. Gilder Gagnon Howe & Co. LLC boosted its holdings in Cboe Global Markets by 15.2% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 254,003 shares of the company's stock worth $49,632,000 after purchasing an additional 33,550 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of Cboe Global Markets by 40.5% in the 4th quarter. Coldstream Capital Management Inc. now owns 1,852 shares of the company's stock valued at $362,000 after acquiring an additional 534 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $301,000. Kovitz Investment Group Partners LLC raised its holdings in Cboe Global Markets by 48.2% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 106,878 shares of the company's stock worth $20,884,000 after acquiring an additional 34,746 shares in the last quarter. Finally, Syon Capital LLC raised its holdings in Cboe Global Markets by 26.8% during the fourth quarter. Syon Capital LLC now owns 1,530 shares of the company's stock worth $299,000 after acquiring an additional 323 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction 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 sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock valued at $2,380,529. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE traded up $5.26 during midday trading on Monday, reaching $231.65. The company's stock had a trading volume of 1,248,923 shares, compared to its average volume of 893,300. The firm has a market cap of $24.25 billion, a P/E ratio of 32.08, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $234.37. 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 stock's 50 day moving average price is $215.75.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company's revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the company posted $2.15 EPS. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Friday, February 28th. Cboe Global Markets's payout ratio is presently 33.03%.

Wall Street Analyst Weigh In

Several research firms have weighed in on CBOE. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research report on Monday. Jefferies Financial Group dropped their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a report on Thursday, January 9th. Barclays lifted their price target on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday. Finally, William Blair initiated coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $226.36.

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.