Board of the Pension Protection Fund Makes New $918,000 Investment in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Board of the Pension Protection Fund purchased a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,700 shares of the company's stock, valued at approximately $918,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Accurate Wealth Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $2,731,000. Marion Wealth Management boosted its position in Cboe Global Markets by 1.8% during the 4th quarter. Marion Wealth Management now owns 11,081 shares of the company's stock worth $2,165,000 after purchasing an additional 194 shares during the period. Brookstone Capital Management acquired a new stake in Cboe Global Markets in the 4th quarter valued at $396,000. Aprio Wealth Management LLC purchased a new position in Cboe Global Markets in the fourth quarter valued at about $230,000. Finally, Czech National Bank lifted its stake in shares of Cboe Global Markets by 6.5% during the fourth quarter. Czech National Bank now owns 22,698 shares of the company's stock worth $4,435,000 after purchasing an additional 1,383 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 0.7 %

Shares of CBOE traded down $1.38 during midday trading on Wednesday, hitting $191.99. The company had a trading volume of 1,780,143 shares, compared to its average volume of 854,283. The stock has a market cap of $20.10 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. The firm has a 50 day moving average price of $201.39. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets's payout ratio is currently 34.33%.

Analyst Ratings Changes

A number of research firms have recently issued reports on CBOE. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research note on Monday. Oppenheimer lowered 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 research report on Monday. JPMorgan Chase & Co. reissued an "underweight" rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. Finally, Barclays dropped their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an "equal weight" rating on the stock in a research note on Monday. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of "Hold" and an average price target of $198.83.

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.