Renaissance Technologies LLC trimmed its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,853,124 shares of the company's stock after selling 26,600 shares during the period. Cboe Global Markets accounts for 0.5% of Renaissance Technologies LLC's portfolio, making the stock its 22nd largest position. Renaissance Technologies LLC owned 1.77% of Cboe Global Markets worth $362,100,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. 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 in the last quarter. Alliancebernstein L.P. boosted its position 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 purchasing an additional 5,193,339 shares in the last quarter. Geode Capital Management LLC grew its stake in Cboe Global Markets by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after buying an additional 44,291 shares during the last quarter. FMR LLC grew its stake in Cboe Global Markets by 2.5% during the 4th 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 purchased a new stake in Cboe Global Markets in the fourth quarter valued at about $269,524,000. 82.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, EVP Adam Inzirillo sold 200 shares of the 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 $417,872.31. This represents a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Allen Wilkinson sold 228 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on CBOE shares. Jefferies Financial Group dropped their price target 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. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. William Blair initiated coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a "market perform" rating for the company. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. Finally, Oppenheimer raised their target price on Cboe Global Markets from $233.00 to $237.00 and gave the stock an "outperform" rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $218.80.
Check Out Our Latest Stock Report on CBOE
Cboe Global Markets Trading Up 2.4 %
Shares of NASDAQ CBOE traded up $5.07 during trading on Friday, reaching $215.09. 1,190,618 shares of the company traded hands, compared to its average volume of 888,846. The firm has a market cap of $22.52 billion, a PE ratio of 29.79, a P/E/G ratio of 1.75 and a beta of 0.47. The company has a fifty day moving average price of $212.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. 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 announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 in the previous year, the firm earned $2.06 EPS. As a group, research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.
Cboe Global Markets Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 34.90%.
Cboe Global Markets Company Profile
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Free Report)
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.
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