Canada Pension Plan Investment Board Sells 67,300 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Canada Pension Plan Investment Board lowered its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 48.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,429 shares of the company's stock after selling 67,300 shares during the quarter. Canada Pension Plan Investment Board owned 0.07% of Cboe Global Markets worth $13,762,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. New York Life Investment Management LLC grew its stake in Cboe Global Markets by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock valued at $3,035,000 after acquiring an additional 48 shares in the last quarter. Summit Financial LLC boosted its holdings in shares of Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company's stock worth $2,131,000 after purchasing an additional 48 shares during the period. Exencial Wealth Advisors LLC grew its position in Cboe Global Markets by 1.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after purchasing an additional 50 shares in the last quarter. Inspire Advisors LLC increased its stake in Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after buying an additional 50 shares during the period. Finally, Pinnacle Financial Partners Inc lifted its position in Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock worth $234,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Up 0.4 %

CBOE traded up $0.91 on Friday, hitting $213.59. 636,763 shares of the stock traded hands, compared to its average volume of 878,435. The business has a fifty day moving average of $214.08. 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 $22.36 billion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.75 and a beta of 0.47. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $234.37.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $2.10 EPS 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 period last year, the business earned $2.06 earnings per share. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's payout ratio is 34.90%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Barclays upped their target price on Cboe Global Markets from $216.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Monday, April 7th. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating on the stock. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Morgan Stanley upgraded shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 price target on the stock in a research note on Tuesday, April 8th. Finally, Oppenheimer lifted their price objective on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an "outperform" rating in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $218.80.

Insider Activity

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the sale, the executive vice president now directly 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now owns 8,025 shares of the company's stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,544 shares of company stock worth $2,380,529. Company insiders own 0.22% of the company's stock.

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.