Eurizon Capital SGR S.p.A. Invests $32.14 Million in Cboe Global Markets, Inc. $CBOE

Eurizon Capital SGR S.p.A. purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 128,035 shares of the company’s stock, valued at approximately $32,143,000. Eurizon Capital SGR S.p.A. owned 0.12% of Cboe Global Markets at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sound Income Strategies LLC raised its position in Cboe Global Markets by 102.2% in the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 46 shares during the last quarter. Physician Wealth Advisors Inc. raised its position in Cboe Global Markets by 70.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 55 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $33,000. Headlands Technologies LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Finally, Ameriflex Group Inc. raised its position in Cboe Global Markets by 97.4% in the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insiders Place Their Bets

In related news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the sale, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Down 3.1%

CBOE stock opened at $333.56 on Friday. Cboe Global Markets, Inc. has a 1-year low of $218.14 and a 1-year high of $371.18. The business’s 50 day simple moving average is $316.03 and its 200 day simple moving average is $284.83. 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 $35.38 billion, a PE ratio of 171.94 and a beta of 0.61.

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

Cboe Global Markets Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Loop Capital set a $382.00 target price on Cboe Global Markets in a research report on Monday, May 4th. TD Cowen lifted their target price on Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Five investment 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 an average rating of “Hold” and an average target price of $322.60.

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.