New York State Teachers Retirement System Has $24.93 Million Stake in Cboe Global Markets, Inc. $CBOE

New York State Teachers Retirement System raised its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 3.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,689 shares of the company’s stock after acquiring an additional 3,278 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of Cboe Global Markets worth $24,928,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CBOE. Norges Bank acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $354,578,000. First Trust Advisors LP increased its holdings in Cboe Global Markets by 215.2% in the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after purchasing an additional 991,209 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in Cboe Global Markets by 1,340.0% in the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock worth $183,854,000 after purchasing an additional 697,600 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Cboe Global Markets by 2,425.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock valued at $166,009,000 after buying an additional 635,199 shares during the period. Finally, Marshall Wace LLP acquired a new position in Cboe Global Markets in the third quarter valued at approximately $107,052,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

CBOE stock opened at $248.99 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The business has a 50-day simple moving average of $303.88 and a two-hundred day simple moving average of $286.80. The company has a market capitalization of $26.41 billion, a P/E ratio of 128.35 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $728.90 million during the quarter, compared to the consensus estimate of $688.36 million. During the same period in the prior year, the business posted $2.50 earnings per share. The company’s quarterly revenue was up 29.0% compared to the same quarter last year. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the transaction, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group raised their price objective on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. TD Cowen lifted their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Finally, Barclays upped their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $310.70.

Cboe Global Markets 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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.