Park Avenue Securities LLC increased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 37.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,993 shares of the company’s stock after acquiring an additional 3,574 shares during the period. Park Avenue Securities LLC’s holdings in Cboe Global Markets were worth $3,261,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of CBOE. GAMMA Investing LLC raised its stake in Cboe Global Markets by 12.0% during the fourth quarter. GAMMA Investing LLC now owns 7,636 shares of the company’s stock worth $1,917,000 after acquiring an additional 816 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Cboe Global Markets in the 3rd quarter valued at $9,597,000. Allworth Financial LP grew its holdings in shares of Cboe Global Markets by 41.5% in the 3rd quarter. Allworth Financial LP now owns 518 shares of the company’s stock worth $127,000 after purchasing an additional 152 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in shares of Cboe Global Markets by 14.2% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 63,551 shares of the company’s stock worth $15,586,000 after purchasing an additional 7,898 shares during the last quarter. Finally, Groupama Asset Managment acquired a new stake in shares of Cboe Global Markets during the 3rd quarter worth about $287,000. Institutional investors and hedge funds own 81.73% of the company’s stock.
Cboe Global Markets Stock Down 0.2%
Shares of BATS CBOE opened at $283.95 on Monday. The firm’s 50-day simple moving average is $280.91 and its 200 day simple moving average is $258.90. The company has a market cap of $30.12 billion, a price-to-earnings ratio of 146.37 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12-month low of $200.88 and a 12-month high of $305.68.
Cboe Global Markets Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is 98.97%.
Insider Activity at Cboe Global Markets
In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s 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 transaction, the director owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the stock in a transaction 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 completion of the transaction, the director owned 12,921 shares in the company, valued at $3,693,726.27. The trade was a 23.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 over the last quarter. Corporate insiders own 0.51% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on CBOE shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Barclays upped their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, Morgan Stanley increased their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $279.00.
Get Our Latest Report on Cboe Global Markets
Cboe Global Markets Company 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.
Further Reading
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