Chesley Taft & Associates LLC boosted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,660 shares of the company’s stock after buying an additional 1,893 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Cboe Global Markets were worth $7,445,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in CBOE. Wedge Capital Management L L P NC raised its stake in shares of Cboe Global Markets by 1.4% in the 4th quarter. Wedge Capital Management L L P NC now owns 10,057 shares of the company’s stock valued at $2,524,000 after acquiring an additional 143 shares during the period. Dakota Wealth Management boosted its position in shares of Cboe Global Markets by 19.4% during the 4th quarter. Dakota Wealth Management now owns 59,641 shares of the company’s stock worth $14,970,000 after purchasing an additional 9,673 shares during the period. Kathmere Capital Management LLC increased its holdings in Cboe Global Markets by 26.2% in the 4th quarter. Kathmere Capital Management LLC now owns 2,772 shares of the company’s stock valued at $696,000 after purchasing an additional 576 shares during the last quarter. Czech National Bank increased its holdings in Cboe Global Markets by 3.9% in the 4th quarter. Czech National Bank now owns 27,593 shares of the company’s stock valued at $6,926,000 after purchasing an additional 1,029 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Cboe Global Markets by 12.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 42,489 shares of the company’s stock valued at $10,626,000 after purchasing an additional 4,840 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have commented on CBOE. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Loop Capital set a $317.00 price objective on Cboe Global Markets in a research note on Monday, February 9th. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Barclays increased their target price on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, UBS Group restated a “neutral” rating and set a $290.00 target price on shares of Cboe Global Markets in a report on Monday, February 9th. One equities research 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 stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $279.00.
Insider Buying and Selling
In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the completion of the transaction, the director directly owned 12,921 shares of the company’s stock, valued at $3,693,726.27. The trade was a 23.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,695 shares of company stock valued at $1,628,981 in the last three months. 0.51% of the stock is owned by corporate insiders.
Cboe Global Markets Price Performance
Cboe Global Markets stock opened at $273.00 on Friday. 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 52-week low of $200.88 and a 52-week high of $305.68. The firm has a market cap of $28.95 billion, a PE ratio of 140.72 and a beta of 0.61. The company’s 50 day moving average is $281.93 and its two-hundred day moving average is $260.31.
Cboe Global Markets (BATS:CBOE – Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping 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 business had revenue of $671.10 million during the quarter, compared to the consensus estimate of $659.59 million. On average, research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.
Cboe Global Markets Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $0.72 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. Cboe Global Markets’s dividend payout ratio (DPR) is 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.
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