Nisa Investment Advisors LLC lifted its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 5.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,605 shares of the financial services provider’s stock after acquiring an additional 300 shares during the period. Nisa Investment Advisors LLC’s holdings in Cboe Global Markets were worth $535,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in the stock. Dupont Capital Management Corp acquired a new stake in Cboe Global Markets during the fourth quarter worth about $138,000. First Interstate Bank acquired a new stake in Cboe Global Markets during the fourth quarter worth about $139,000. WESPAC Advisors SoCal LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth about $175,000. Meeder Asset Management Inc. acquired a new stake in Cboe Global Markets during the fourth quarter worth about $178,000. Finally, Athena Capital Advisors LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth about $180,000. Institutional investors and hedge funds own 81.98% of the company’s stock.
A number of equities research analysts have issued reports on the stock. Bank of America increased their price objective on shares of Cboe Global Markets from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. UBS Group reduced their price objective on shares of Cboe Global Markets from $105.00 to $103.00 and set a “neutral” rating on the stock in a research note on Monday, May 6th. Zacks Investment Research downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Rosenblatt Securities downgraded shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Thursday, April 18th. Finally, MKM Partners upgraded shares of Cboe Global Markets from a “neutral” rating to an “overweight” rating in a research note on Monday, February 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. Cboe Global Markets currently has an average rating of “Hold” and an average target price of $110.83.
In other news, EVP John Deters sold 834 shares of Cboe Global Markets stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $103.78, for a total transaction of $86,552.52. Following the sale, the executive vice president now directly owns 3,121 shares in the company, valued at approximately $323,897.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.89% of the company’s stock.
NASDAQ CBOE traded up $0.45 during trading hours on Wednesday, reaching $107.79. The company’s stock had a trading volume of 390,285 shares, compared to its average volume of 748,555. Cboe Global Markets Inc has a 52 week low of $87.87 and a 52 week high of $115.11.
Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, May 3rd. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.12. The firm had revenue of $280.50 million for the quarter, compared to the consensus estimate of $279.49 million.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Thursday, May 30th.
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Cboe Global Markets Company Profile
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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