Paralel Advisors LLC Buys 1,240 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Paralel Advisors LLC grew its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,664 shares of the company's stock after acquiring an additional 1,240 shares during the period. Paralel Advisors LLC's holdings in Cboe Global Markets were worth $2,670,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Cboe Global Markets by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock valued at $2,467,700,000 after acquiring an additional 56,233 shares during the period. Alliancebernstein L.P. raised its stake in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after buying an additional 5,193,339 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after purchasing an additional 44,291 shares in the last quarter. FMR LLC grew its position in Cboe Global Markets by 2.5% in the fourth quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after buying an additional 38,587 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $269,524,000. Institutional investors and hedge funds own 82.67% of the company's stock.

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Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Stock Up 0.3 %

NASDAQ:CBOE traded up $0.64 during mid-day trading on Tuesday, reaching $217.79. 198,048 shares of the company were exchanged, compared to its average volume of 879,046. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a market capitalization of $22.80 billion, a PE ratio of 30.16, a PEG ratio of 1.75 and a beta of 0.47. The firm's fifty day moving average is $212.85. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $234.37.

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

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.16%. Cboe Global Markets's payout ratio is presently 34.90%.

Analyst Ratings Changes

A number of equities analysts recently commented on CBOE shares. The Goldman Sachs Group lowered shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Jefferies Financial Group lowered their price target on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a research report on Thursday, January 9th. Morgan Stanley upgraded shares of Cboe Global Markets from an "underweight" rating to an "overweight" rating and set a $235.00 target price for the company in a research note on Tuesday, April 8th. Finally, Piper Sandler boosted their price target on shares of Cboe Global Markets from $230.00 to $234.00 and gave the company an "overweight" rating in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $218.80.

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.