BlackRock Inc. decreased its stake in Cboe Global Markets Inc (NASDAQ:CBOE) by 2.0% during the first quarter, Holdings Channel reports. The institutional investor owned 7,671,218 shares of the financial services provider’s stock after selling 158,690 shares during the quarter. BlackRock Inc. owned approximately 0.07% of Cboe Global Markets worth $732,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of CBOE. CI Investments Inc. purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth about $246,653,000. Janus Henderson Group PLC boosted its position in Cboe Global Markets by 170.8% during the first quarter. Janus Henderson Group PLC now owns 2,461,300 shares of the financial services provider’s stock worth $234,906,000 after purchasing an additional 1,552,460 shares in the last quarter. FMR LLC boosted its position in Cboe Global Markets by 27.3% during the fourth quarter. FMR LLC now owns 5,919,809 shares of the financial services provider’s stock worth $579,134,000 after purchasing an additional 1,270,834 shares in the last quarter. Norges Bank purchased a new position in Cboe Global Markets during the fourth quarter worth approximately $88,862,000. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its position in Cboe Global Markets by 127.0% during the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 838,373 shares of the financial services provider’s stock worth $80,014,000 after purchasing an additional 469,040 shares in the last quarter. Hedge funds and other institutional investors own 81.98% of the company’s stock.

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 10,000 shares of the stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $104.93, for a total transaction of $1,049,300.00. Following the completion of the transaction, the chief operating officer now owns 74,644 shares of the company’s stock, valued at $7,832,394.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John Deters sold 834 shares of the stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $103.78, for a total value of $86,552.52. Following the transaction, the executive vice president now directly owns 3,121 shares of the company’s stock, valued at approximately $323,897.38. The disclosure for this sale can be found here. Insiders have sold 15,134 shares of company stock valued at $1,594,706 in the last three months. Insiders own 0.89% of the company’s stock.

A number of equities analysts have issued reports on CBOE shares. MKM Partners upgraded Cboe Global Markets from a “neutral” rating to an “overweight” rating in a research report on Monday, February 25th. Argus started coverage on Cboe Global Markets in a research report on Friday, February 22nd. They set a “hold” rating on the stock. JPMorgan Chase & Co. upgraded Cboe Global Markets from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $105.00 to $113.00 in a research report on Monday, February 25th. Wells Fargo & Co reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Friday, February 8th. Finally, Zacks Investment Research downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Monday, April 29th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $110.83.

Shares of Cboe Global Markets stock opened at $109.14 on Tuesday. Cboe Global Markets Inc has a 12 month low of $87.87 and a 12 month high of $115.11.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, May 3rd. The financial services provider reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.12. The firm had revenue of $280.50 million for the quarter, compared to analyst estimates of $279.49 million.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.14%.

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About Cboe Global Markets

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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