New York State Common Retirement Fund Cuts Position in Cboe Global Markets, Inc. (BATS:CBOE)

New York State Common Retirement Fund decreased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 13.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 135,291 shares of the company’s stock after selling 20,926 shares during the period. New York State Common Retirement Fund’s holdings in Cboe Global Markets were worth $24,158,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Pinnacle Associates Ltd. raised its holdings in Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock valued at $244,000 after buying an additional 67 shares during the period. Allworth Financial LP raised its holdings in Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after buying an additional 73 shares during the period. Moors & Cabot Inc. grew its position in Cboe Global Markets by 2.3% in the third quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock valued at $516,000 after acquiring an additional 75 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Cboe Global Markets by 1.5% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock valued at $800,000 after acquiring an additional 76 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in Cboe Global Markets by 4.9% in the third quarter. Kestra Advisory Services LLC now owns 2,325 shares of the company’s stock valued at $363,000 after acquiring an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Down 1.3 %

CBOE stock opened at $179.40 on Friday. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $19.03 billion, a P/E ratio of 92.47 and a beta of 0.61. The firm has a 50 day simple moving average of $183.78 and a 200-day simple moving average of $178.92.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.80 earnings per share. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CBOE shares. Citigroup increased their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Bank of America increased their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Barclays increased their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, Oppenheimer increased their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $190.18.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of Cboe Global Markets stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the transaction, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,285,448.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.51% of the stock is currently owned by corporate insiders.

Cboe Global Markets Company Profile

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.