Carleon Capital Partners LLC Sells 8,928 Shares of Cboe Global Markets Inc (CBOE)

Carleon Capital Partners LLC cut its holdings in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 5.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151,072 shares of the financial services provider’s stock after selling 8,928 shares during the quarter. Cboe Global Markets makes up approximately 6.4% of Carleon Capital Partners LLC’s portfolio, making the stock its 3rd largest holding. Carleon Capital Partners LLC owned 0.13% of Cboe Global Markets worth $17,237,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. California Public Employees Retirement System lifted its holdings in shares of Cboe Global Markets by 3.6% in the fourth quarter. California Public Employees Retirement System now owns 250,758 shares of the financial services provider’s stock worth $31,242,000 after buying an additional 8,708 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of Cboe Global Markets by 74.8% in the fourth quarter. Deutsche Bank AG now owns 294,038 shares of the financial services provider’s stock worth $36,630,000 after buying an additional 125,858 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Cboe Global Markets by 163.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 236,767 shares of the financial services provider’s stock worth $29,499,000 after buying an additional 146,867 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Cboe Global Markets by 13.9% in the fourth quarter. Toronto Dominion Bank now owns 48,167 shares of the financial services provider’s stock worth $6,001,000 after buying an additional 5,892 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its holdings in shares of Cboe Global Markets by 42.0% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 175,155 shares of the financial services provider’s stock worth $21,823,000 after buying an additional 51,837 shares in the last quarter. 82.52% of the stock is currently owned by hedge funds and other institutional investors.

In other Cboe Global Markets news, VP Brian N. Schell sold 5,000 shares of the stock in a transaction that occurred on Friday, May 18th. The shares were sold at an average price of $108.30, for a total transaction of $541,500.00. Following the transaction, the vice president now directly owns 50,541 shares in the company, valued at $5,473,590.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Christopher A. Isaacson sold 8,720 shares of the stock in a transaction that occurred on Wednesday, June 6th. The shares were sold at an average price of $100.02, for a total transaction of $872,174.40. Following the transaction, the vice president now owns 86,220 shares in the company, valued at $8,623,724.40. The disclosure for this sale can be found here. 0.89% of the stock is owned by company insiders.

Shares of CBOE opened at $104.92 on Tuesday. The company has a market capitalization of $11.69 billion, a P/E ratio of 25.92, a P/E/G ratio of 1.32 and a beta of 0.59. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.38. Cboe Global Markets Inc has a 1-year low of $88.18 and a 1-year high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, May 4th. The financial services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.11. Cboe Global Markets had a net margin of 18.82% and a return on equity of 15.06%. The business had revenue of $328.50 million for the quarter, compared to analysts’ expectations of $313.78 million. During the same period last year, the business earned $0.78 earnings per share. The business’s quarterly revenue was up 69.9% on a year-over-year basis. analysts anticipate that Cboe Global Markets Inc will post 4.66 EPS for the current fiscal year.

Cboe Global Markets declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 27th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Thursday, May 31st. Cboe Global Markets’s payout ratio is currently 31.58%.

A number of brokerages have recently issued reports on CBOE. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a report on Monday, February 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $94.00 target price (down from $102.00) on shares of Cboe Global Markets in a research note on Wednesday, May 30th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $128.00 target price (up from $120.00) on shares of Cboe Global Markets in a research note on Monday, March 5th. Deutsche Bank raised their target price on shares of Cboe Global Markets from $127.00 to $128.00 and gave the company a “buy” rating in a research note on Tuesday, March 6th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $127.00 target price (up from $120.00) on shares of Cboe Global Markets in a research note on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $118.17.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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

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