Tudor Investment Corp ET AL Reduces Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tudor Investment Corp ET AL decreased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 22.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,765 shares of the company's stock after selling 11,512 shares during the period. Tudor Investment Corp ET AL's holdings in Cboe Global Markets were worth $7,965,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CBOE. Lee Danner & Bass Inc. acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the 4th quarter valued at about $36,000. Generali Asset Management SPA SGR purchased a new stake in Cboe Global Markets in the 4th quarter valued at $37,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $39,000. Institutional investors own 82.67% of the company's stock.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of recent analyst reports. Piper Sandler lifted their target price on Cboe Global Markets from $230.00 to $234.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 8th. Jefferies Financial Group lowered their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research report on Thursday, January 9th. Barclays increased their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research report on Friday. The Goldman Sachs Group cut shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target on the stock. in a report on Monday, January 6th. Finally, Bank of America reissued a "neutral" rating and set a $227.00 price objective (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. 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 company's stock. According to data from MarketBeat, Cboe Global Markets presently has an average rating of "Hold" and an average target price of $220.10.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded up $5.18 during trading hours on Friday, hitting $226.39. The company 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 company has a market capitalization of $23.70 billion, a price-to-earnings ratio of 31.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37. The company's 50 day moving average is $215.22.

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

Cboe Global Markets Dividend Announcement

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

Insider Activity at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $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 can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the executive vice president now owns 8,025 shares of the company's stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 over the last three months. 0.22% of the stock is owned by corporate insiders.

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.