New York State Common Retirement Fund Sells 6,754 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

New York State Common Retirement Fund cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.9% in the fourth quarter, HoldingsChannel reports. The fund owned 108,145 shares of the company’s stock after selling 6,754 shares during the period. New York State Common Retirement Fund’s holdings in Cboe Global Markets were worth $21,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. One Wealth Advisors LLC boosted its position in shares of Cboe Global Markets by 5.7% in the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock worth $217,000 after purchasing an additional 60 shares during the period. Rehmann Capital Advisory Group lifted its stake in shares of Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after buying an additional 63 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in Cboe Global Markets by 5.3% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after buying an additional 66 shares during the period. Sunbelt Securities Inc. increased its stake in Cboe Global Markets by 3.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock worth $441,000 after buying an additional 71 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in Cboe Global Markets by 2.8% during the fourth quarter. Venturi Wealth Management LLC now owns 3,307 shares of the company’s stock valued at $646,000 after acquiring an additional 90 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CBOE has been the subject of several research analyst reports. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday. Oppenheimer cut their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Barclays boosted their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. William Blair started coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Finally, Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $206.86.

Insider Buying and Selling

In other news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets 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 transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,316 shares of company stock worth $2,332,393 over the last three months. 0.22% of the stock is owned by insiders.

Cboe Global Markets Stock Up 1.0 %

Shares of NASDAQ:CBOE opened at $210.93 on Friday. The business has a fifty day simple moving average of $199.97. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market cap of $22.08 billion, a PE ratio of 29.21, a P/E/G ratio of 1.76 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) 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 return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the firm earned $2.06 EPS. On average, analysts expect 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 will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.19%. Cboe Global Markets’s payout ratio is presently 34.90%.

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.