Nordea Investment Management AB Purchases 237,887 Shares of Cboe Global Markets, Inc. $CBOE

Nordea Investment Management AB lifted its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 33.5% during the 4th quarter, Holdings Channel reports. The fund owned 947,884 shares of the company’s stock after acquiring an additional 237,887 shares during the quarter. Nordea Investment Management AB’s holdings in Cboe Global Markets were worth $239,625,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Caprock Group LLC bought a new stake in shares of Cboe Global Markets during the third quarter worth $4,156,000. Andra AP fonden raised its holdings in shares of Cboe Global Markets by 7.9% in the third quarter. Andra AP fonden now owns 124,200 shares of the company’s stock valued at $30,460,000 after buying an additional 9,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Cboe Global Markets by 557.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock worth $9,070,000 after buying an additional 31,919 shares in the last quarter. Peak Financial Advisors LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth about $2,074,000. Finally, Stevens Capital Management LP bought a new stake in Cboe Global Markets during the 2nd quarter worth about $531,000. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of BATS:CBOE opened at $283.95 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 1-year low of $200.88 and a 1-year high of $305.68. The stock has a market capitalization of $30.12 billion, a P/E ratio of 146.37 and a beta of 0.61. The business has a 50-day moving average price of $280.91 and a two-hundred day moving average price of $258.90.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.13. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $671.10 million for the quarter, compared to analyst estimates of $659.59 million. Equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, Director Edward J. Fitzpatrick sold 3,947 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the transaction, the director directly owned 12,921 shares of the company’s stock, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of Cboe Global Markets stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the sale, the director directly owned 4,761 shares of the company’s stock, valued at $1,358,598.96. This represents a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CBOE has been the subject of several research reports. Morgan Stanley raised their price objective on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday, December 22nd. Loop Capital set a $317.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. UBS Group reissued a “neutral” rating and issued a $290.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Profile

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.