Cboe Global Markets, Inc. $CBOE Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,987,134 shares of the company’s stock after buying an additional 65,108 shares during the quarter. Geode Capital Management LLC owned about 2.85% of Cboe Global Markets worth $750,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC raised its position in shares of Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of Cboe Global Markets during the 2nd quarter worth about $31,000. Physician Wealth Advisors Inc. raised its position in shares of Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter worth about $33,000. Finally, Ameriflex Group Inc. raised its position in shares of 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 buying an additional 76 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director owned 13,807 shares in the company, valued at $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Down 3.1%

BATS CBOE opened at $333.56 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50 day simple moving average is $316.03 and its 200 day simple moving average is $284.83. Cboe Global Markets, Inc. has a 12 month low of $218.14 and a 12 month high of $371.18. The company has a market capitalization of $35.38 billion, a P/E ratio of 171.94 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.33. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. During the same period in the previous year, the firm earned $2.50 EPS. The business’s revenue for the quarter was up 29.0% on a year-over-year basis. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.72 per share. The ex-dividend date is Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.9%. Cboe Global Markets’s payout ratio is currently 98.97%.

Analyst Ratings Changes

A number of analysts have commented on CBOE shares. Barclays boosted their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a research report on Monday, February 9th. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $322.60.

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.