California Public Employees Retirement System Sells 6,797 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

California Public Employees Retirement System decreased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 1.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 670,235 shares of the company’s stock after selling 6,797 shares during the quarter. California Public Employees Retirement System’s holdings in Cboe Global Markets were worth $119,677,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new position in shares of Cboe Global Markets during the third quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $30,000. Allworth Financial LP grew its position in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. ORG Partners LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $31,000. Finally, BKM Wealth Management LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $33,000. Institutional investors own 81.73% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of a number of analyst reports. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Citigroup increased their price target on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Bank of America raised their target price on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Barclays raised their target price on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $190.18.

Cboe Global Markets Stock Performance

CBOE stock opened at $178.50 on Wednesday. The stock has a 50-day moving average price of $184.11 and a 200-day moving average price of $178.78. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $18.93 billion, a PE ratio of 92.01 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.02. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. During the same period last year, the company posted $1.80 EPS. The business’s quarterly revenue was up 9.2% on a year-over-year basis. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.23%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of Cboe Global Markets stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $183.88, for a total transaction of $1,528,778.32. Following the completion of the transaction, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,231,323.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.51% of the stock is currently owned by company insiders.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.