Cboe Global Markets, Inc. $CBOE Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 13.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 59,193 shares of the company’s stock after acquiring an additional 7,012 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Cboe Global Markets were worth $14,686,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Physician Wealth Advisors Inc. grew its holdings in shares of Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Cboe Global Markets during the 2nd quarter valued at approximately $33,000. Headlands Technologies LLC purchased a new stake in Cboe Global Markets during the 2nd quarter valued at approximately $31,000. Ameriflex Group Inc. lifted its position in Cboe Global Markets by 97.4% during the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after acquiring an additional 76 shares during the period. Finally, Dakota Community Bank & Trust NA acquired a new stake in Cboe Global Markets during the 3rd quarter worth approximately $42,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

BATS CBOE opened at $289.95 on Friday. The stock has a market capitalization of $30.75 billion, a price-to-earnings ratio of 149.46 and a beta of 0.61. The business’s 50 day moving average is $282.95 and its two-hundred day moving average is $262.06. Cboe Global Markets, Inc. has a 12-month low of $200.88 and a 12-month high of $305.68. 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 (BATS:CBOE) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Research 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 announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other 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 in the company, valued at $3,693,726.27. This trade represents a 23.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at $120,043.90. This trade represents a 37.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on CBOE shares. Piper Sandler lifted their target price on Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. 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 report on Monday, December 22nd. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. UBS Group reissued a “neutral” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Finally, Loop Capital set a $317.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $279.00.

About Cboe Global Markets

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.