California State Teachers Retirement System Decreases Stake in Cboe Global Markets, Inc. (BATS:CBOE)

California State Teachers Retirement System reduced its stake in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 162,041 shares of the company’s stock after selling 1,781 shares during the period. California State Teachers Retirement System owned approximately 0.15% of Cboe Global Markets worth $28,934,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pinnacle Associates Ltd. raised its stake in shares of Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after buying an additional 67 shares during the last quarter. Allworth Financial LP raised its stake in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Balentine LLC raised its stake in Cboe Global Markets by 4.7% in the 4th quarter. Balentine LLC now owns 2,127 shares of the company’s stock valued at $380,000 after purchasing an additional 95 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Cboe Global Markets by 4.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 2,325 shares of the company’s stock valued at $363,000 after purchasing an additional 109 shares during the last quarter. Finally, Martin Capital Advisors LLP raised its stake in Cboe Global Markets by 7.2% in the 4th quarter. Martin Capital Advisors LLP now owns 1,698 shares of the company’s stock valued at $303,000 after purchasing an additional 114 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CBOE shares. Bank of America boosted their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays boosted their target price on shares of Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research note on Monday, May 6th. Oppenheimer reaffirmed an “outperform” rating and set a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 6th. Finally, Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $191.00.

Read Our Latest Stock Report on CBOE

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the transaction, the executive vice president now owns 4,656 shares in the company, valued at approximately $861,639.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.51% of the stock is owned by company insiders.

Cboe Global Markets Stock Down 0.6 %

Shares of BATS:CBOE opened at $174.69 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The stock has a market capitalization of $18.53 billion, a P/E ratio of 90.05 and a beta of 0.61. The stock has a 50-day simple moving average of $180.03 and a 200-day simple moving average of $181.48.

Cboe Global Markets (BATS:CBOEGet Free Report) last issued its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. During the same quarter in the previous year, the business earned $1.90 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Friday, May 31st. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Cboe Global Markets Profile

(Free Report)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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