State of Alaska Department of Revenue Sells 5,265 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

State of Alaska Department of Revenue reduced its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 30.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,938 shares of the company's stock after selling 5,265 shares during the quarter. State of Alaska Department of Revenue's holdings in Cboe Global Markets were worth $2,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Choreo LLC grew its position in shares of Cboe Global Markets by 4.3% in the fourth quarter. Choreo LLC now owns 5,209 shares of the company's stock valued at $1,021,000 after purchasing an additional 213 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock valued at $4,750,000 after purchasing an additional 6,943 shares in the last quarter. E. Ohman J or Asset Management AB grew its position in shares of Cboe Global Markets by 4,157.6% in the fourth 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 in the last quarter. abrdn plc grew its position in shares of Cboe Global Markets by 341.2% in the fourth 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 in the last quarter. Finally, Boston Trust Walden Corp grew its position in shares of Cboe Global Markets by 2.9% in the fourth quarter. Boston Trust Walden Corp now owns 318,922 shares of the company's stock valued at $62,317,000 after purchasing an additional 9,134 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CBOE shares. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday. Keefe, Bruyette & Woods reduced their price target on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research report on Monday, January 13th. Bank of America lifted their price target on Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research report on Monday. William Blair initiated coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating for the company. Finally, Jefferies Financial Group reduced their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $206.86.

Insider Transactions at Cboe Global Markets

In related 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 transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded down $5.90 during midday trading on Friday, hitting $202.33. 691,258 shares of the company's stock were exchanged, compared to its average volume of 766,935. The stock's 50-day moving average price is $199.36. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market capitalization of $21.18 billion, a P/E ratio of 27.57, a P/E/G ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted 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 previous year, the firm earned $2.06 earnings per share. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

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.