New York State Teachers Retirement System Has $17.75 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

New York State Teachers Retirement System cut its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 12.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 90,826 shares of the company’s stock after selling 12,493 shares during the quarter. New York State Teachers Retirement System’s holdings in Cboe Global Markets were worth $17,747,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CBOE. E. Ohman J or Asset Management AB grew its position in shares of Cboe Global Markets by 4,157.6% in the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after purchasing an additional 151,961 shares during the period. abrdn plc grew its position in shares of Cboe Global Markets by 341.2% in the 4th quarter. abrdn plc now owns 190,017 shares of the company’s stock valued at $37,145,000 after purchasing an additional 146,945 shares during the period. Barclays PLC grew its position in shares of Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after purchasing an additional 116,852 shares during the period. Nordea Investment Management AB grew its position in shares of Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after purchasing an additional 92,537 shares during the period. Finally, Harmony Asset Management LLC acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at approximately $15,175,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 2.8 %

Shares of Cboe Global Markets stock opened at $202.33 on Monday. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a market cap of $21.18 billion, a PE ratio of 27.57, a P/E/G ratio of 2.14 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $199.36.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the prior year, the firm posted $2.06 EPS. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Bank of America boosted their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Barclays boosted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research note on Monday, January 6th. Jefferies Financial Group cut their target price on 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. Finally, Oppenheimer cut their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $206.86.

Insider Buying and Selling

In related news, 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 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. The trade was a 57.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is 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.