ProShare Advisors LLC Purchases 2,665 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

ProShare Advisors LLC increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 29,838 shares of the company’s stock after purchasing an additional 2,665 shares during the period. ProShare Advisors LLC’s holdings in Cboe Global Markets were worth $5,830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CBOE. Barclays PLC increased its holdings in shares of Cboe Global Markets by 27.9% in 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 in the last quarter. Brookstone Capital Management purchased a new stake in shares of Cboe Global Markets during the fourth quarter valued at $396,000. Park Avenue Securities LLC boosted its position in shares of Cboe Global Markets by 23.0% during the fourth quarter. Park Avenue Securities LLC now owns 5,898 shares of the company’s stock valued at $1,152,000 after buying an additional 1,101 shares during the last quarter. Trust Co. of Vermont increased its holdings in Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after buying an additional 400 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in Cboe Global Markets by 11.0% in the 4th quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock worth $750,000 after buying an additional 379 shares during the last quarter. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 0.8%

NASDAQ CBOE opened at $220.95 on Monday. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $236.02. 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 P/E ratio of 30.60, a P/E/G ratio of 1.75 and a beta of 0.44. The stock has a 50-day moving average of $217.91.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the business posted $2.15 earnings per share. The firm’s revenue was up 12.6% on a year-over-year basis. Research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed 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 of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.14%. Cboe Global Markets’s payout ratio is 33.03%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets 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 sale, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90% decrease in their position. The disclosure for this sale can be found here. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays raised their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an “equal weight” rating in a report on Friday, May 2nd. Morgan Stanley cut shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and dropped their target price for the stock from $256.00 to $215.00 in a report on Wednesday, May 14th. Oppenheimer lifted their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $219.64.

About Cboe Global Markets

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.