New York State Teachers Retirement System Has $17.75 Million Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

New York State Teachers Retirement System decreased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 12.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,826 shares of the company’s stock after selling 12,493 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Cboe Global Markets worth $17,747,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter worth $36,000. TD Private Client Wealth LLC grew its stake in shares of Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $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 worth $82,000 after purchasing an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Cboe Global Markets in the third quarter worth $158,000. Finally, USA Financial Formulas bought a new position in Cboe Global Markets in the fourth quarter worth $182,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Barclays raised their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Keefe, Bruyette & Woods cut their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Two investment 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 data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $206.86.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the sale, the executive vice president now directly owns 8,025 shares in the company, valued at $1,653,230.25. This trade 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 can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Down 2.8 %

Cboe Global Markets stock opened at $202.33 on Monday. The firm has a 50-day simple moving average of $199.36. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a market capitalization of $21.18 billion, a PE ratio of 27.57, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced 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 period last year, the business earned $2.06 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. Cboe Global Markets’s payout ratio is 34.33%.

Cboe Global Markets 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.