Central Bank & Trust Co. Has $438,000 Position in Cboe Global Markets, Inc. $CBOE

Central Bank & Trust Co. cut its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 71.8% during the fourth quarter, HoldingsChannel reports. The firm owned 1,744 shares of the company’s stock after selling 4,431 shares during the period. Central Bank & Trust Co.’s holdings in Cboe Global Markets were worth $438,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Alliancebernstein L.P. boosted its stake in Cboe Global Markets by 4.1% during the 2nd quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after purchasing an additional 390,034 shares during the period. State Street Corp increased its position in Cboe Global Markets by 2.1% in the 3rd quarter. State Street Corp now owns 4,996,816 shares of the company’s stock worth $1,225,469,000 after buying an additional 101,349 shares during the period. Invesco Ltd. increased its position in Cboe Global Markets by 5.7% in the 3rd quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock worth $447,852,000 after buying an additional 98,089 shares during the period. First Trust Advisors LP lifted its holdings in shares of Cboe Global Markets by 215.2% during the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after buying an additional 991,209 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Cboe Global Markets by 7.0% during the third quarter. Northern Trust Corp now owns 1,410,188 shares of the company’s stock worth $345,849,000 after buying an additional 91,726 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the stock in a transaction dated 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 of the company’s stock, valued at $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the transaction, the chief accounting officer directly owned 410 shares of the company’s stock, valued at $120,043.90. This trade represents a 37.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 5,695 shares of company stock valued at $1,628,981. Company insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CBOE. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Morgan Stanley increased their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a report on Monday, December 22nd. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Finally, UBS Group restated a “neutral” rating and set a $290.00 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 issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $279.00.

Cboe Global Markets Stock Performance

Shares of BATS CBOE opened at $280.62 on Tuesday. The business has a fifty day simple moving average of $281.25 and a 200 day simple moving average of $259.23. 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 capitalization of $29.76 billion, a price-to-earnings ratio of 144.65 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $305.68.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $671.10 million for the quarter, compared to the consensus estimate of $659.59 million. Sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis 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 (DPR) is presently 98.97%.

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.