New Mexico Educational Retirement Board Decreases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

New Mexico Educational Retirement Board reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,000 shares of the company’s stock after selling 100 shares during the period. New Mexico Educational Retirement Board’s holdings in Cboe Global Markets were worth $977,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CBOE. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at $36,000. TD Private Client Wealth LLC lifted its position in Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares during the last quarter. Trust Co. of Vermont lifted its position in Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after acquiring an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cboe Global Markets in the third quarter valued at $158,000. Finally, USA Financial Formulas acquired a new position in Cboe Global Markets in the fourth quarter valued at $182,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of recent research reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research note on Monday, January 6th. Oppenheimer dropped their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Jefferies Financial Group dropped their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Finally, Bank of America boosted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Trading Down 2.8 %

CBOE stock opened at $202.33 on Tuesday. The stock 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, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66. The business’s 50-day moving average is $199.38. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 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 quarter in the previous year, the company posted $2.06 EPS. On average, equities research analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s dividend 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.