Rafferty Asset Management LLC Buys 1,461 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Rafferty Asset Management LLC raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 36,935 shares of the company’s stock after purchasing an additional 1,461 shares during the quarter. Rafferty Asset Management LLC’s holdings in Cboe Global Markets were worth $7,217,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CBOE. Barclays PLC increased its holdings in shares of Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after purchasing an additional 116,852 shares during the period. Brookstone Capital Management bought a new position in shares of Cboe Global Markets during the 4th quarter worth about $396,000. Park Avenue Securities LLC increased its holdings in shares of Cboe Global Markets by 23.0% during the 4th quarter. Park Avenue Securities LLC now owns 5,898 shares of the company’s stock worth $1,152,000 after purchasing an additional 1,101 shares during the period. Trust Co. of Vermont increased its holdings in shares of Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after purchasing an additional 400 shares during the period. Finally, HB Wealth Management LLC increased its holdings in shares of Cboe Global Markets by 11.0% during the 4th quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock worth $750,000 after purchasing an additional 379 shares during the period. Institutional investors own 82.67% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. The trade was a 9.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.22% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on CBOE shares. Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a research note on Monday, May 5th. Barclays upped their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, UBS Group upped their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a “neutral” rating in a research note on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus price target of $219.64.

Cboe Global Markets Trading Up 0.8%

Shares of Cboe Global Markets stock opened at $220.95 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market capitalization of $23.14 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $236.02. The business’s 50-day moving average price is $217.91.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the business earned $2.15 EPS. Cboe Global Markets’s revenue for the quarter was up 12.6% compared to the same quarter last year. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.14%. Cboe Global Markets’s payout ratio is 33.03%.

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.