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

New York State Common Retirement Fund trimmed its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 108,145 shares of the company’s stock after selling 6,754 shares during the quarter. New York State Common Retirement Fund owned approximately 0.10% of Cboe Global Markets worth $21,132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CBOE. Kestra Investment Management LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $31,000. Sugar Maple Asset Management LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $36,000. TD Private Client Wealth LLC grew its position in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares during the period. Trust Co. of Vermont increased its stake in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after acquiring an additional 400 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets during the 3rd quarter valued at about $158,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CBOE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday. Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Finally, The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $206.86.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the firm’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 transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now directly 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 sold 11,316 shares of company stock valued at $2,332,393 over the last 90 days. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE opened at $210.93 on Friday. The company’s 50-day moving average is $199.97. 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 company 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, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66.

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 analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the company posted $2.06 EPS. Research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

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.