Kentucky Retirement Systems Insurance Trust Fund purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,067 shares of the company’s stock, valued at approximately $694,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Manning & Napier Advisors LLC lifted its position in shares of Cboe Global Markets by 14.2% in the first quarter. Manning & Napier Advisors LLC now owns 27,290 shares of the company’s stock worth $6,175,000 after buying an additional 3,388 shares during the last quarter. Marietta Wealth Management LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $3,215,000. GAM Holding AG acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $1,541,000. Covea Finance lifted its position in shares of Cboe Global Markets by 22.9% during the 1st quarter. Covea Finance now owns 53,200 shares of the company’s stock worth $12,039,000 after purchasing an additional 9,900 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Cboe Global Markets by 20.2% during the 1st quarter. Blue Trust Inc. now owns 1,154 shares of the company’s stock worth $261,000 after purchasing an additional 194 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.
Insider Activity
In other news, EVP Catherine R. Clay sold 3,598 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the sale, the executive vice president now directly owns 2,183 shares in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Report on Cboe Global Markets
Cboe Global Markets Trading Down 0.4%
Shares of CBOE opened at $229.27 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $166.88 and a 12-month high of $236.02. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $24.01 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 1.75 and a beta of 0.43. The stock’s 50-day moving average price is $223.77 and its 200 day moving average price is $212.21.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the business earned $2.15 EPS. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. As a group, research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.
Cboe Global Markets Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.10%. Cboe Global Markets’s dividend payout ratio is currently 33.03%.
About Cboe Global Markets
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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