New York State Common Retirement Fund Sells 20,926 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

New York State Common Retirement Fund reduced its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 13.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,291 shares of the company’s stock after selling 20,926 shares during the period. New York State Common Retirement Fund owned 0.13% of Cboe Global Markets worth $24,158,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Pinnacle Associates Ltd. lifted its position in shares of Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after purchasing an additional 67 shares during the period. Allworth Financial LP lifted its position in shares of Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the period. Moors & Cabot Inc. lifted its position in shares of Cboe Global Markets by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after purchasing an additional 75 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of Cboe Global Markets by 1.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock worth $800,000 after purchasing an additional 76 shares during the period. Finally, Kestra Advisory Services LLC lifted its position in shares of Cboe Global Markets by 4.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 2,325 shares of the company’s stock worth $363,000 after purchasing an additional 109 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CBOE shares. Oppenheimer upped their price target on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Citigroup increased their target price 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. Morgan Stanley reissued an “equal weight” rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Bank of America increased 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 report on Friday, April 19th. Finally, Rosenblatt Securities increased their target price on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $190.18.

Cboe Global Markets Trading Down 1.3 %

BATS CBOE opened at $179.40 on Friday. The company has a fifty day simple moving average of $183.78 and a two-hundred day simple moving average of $178.92. The stock has a market cap of $19.03 billion, a P/E ratio of 92.47 and a beta of 0.61. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-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.

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

Cboe Global Markets Dividend Announcement

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

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 8,314 shares of the stock in a transaction on Friday, February 9th. The shares were sold at an average price of $183.88, for a total value of $1,528,778.32. Following the sale, the executive vice president now owns 17,573 shares in the company, valued at $3,231,323.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

About Cboe Global Markets

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.