Two Sigma Investments LP Has $106.89 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Two Sigma Investments LP raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 547,024 shares of the company’s stock after purchasing an additional 45,015 shares during the period. Two Sigma Investments LP owned 0.52% of Cboe Global Markets worth $106,888,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CBOE. Alliancebernstein L.P. increased its stake in shares of Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after acquiring an additional 5,193,339 shares in the last quarter. Norges Bank bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at $269,524,000. Raymond James Financial Inc. bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at $59,206,000. First Trust Advisors LP increased its stake in shares of Cboe Global Markets by 756.0% in the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company’s stock valued at $58,317,000 after acquiring an additional 263,585 shares in the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in shares of Cboe Global Markets by 108.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company’s stock valued at $3,498,000 after acquiring an additional 234,199 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CBOE shares. Oppenheimer boosted their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday, May 5th. Morgan Stanley lowered shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and decreased their price target for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. UBS Group boosted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a “neutral” rating in a research note on Monday, May 5th. 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 issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $219.64.

Insider Buying and Selling

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

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $220.95 on Monday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $236.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The business has a fifty day moving average price of $217.91.

Cboe Global Markets (NASDAQ:CBOE) last posted 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%. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period last year, the business posted $2.15 earnings per share. On average, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, May 30th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.03%.

Cboe Global Markets Company 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.