National Pension Service Increases Stock Position in Cboe Global Markets, Inc. $CBOE

National Pension Service increased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 169,938 shares of the company’s stock after acquiring an additional 5,343 shares during the period. National Pension Service owned about 0.16% of Cboe Global Markets worth $42,654,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in Cboe Global Markets by 102.2% in the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 46 shares during the last quarter. Physician Wealth Advisors Inc. raised its holdings in Cboe Global Markets by 70.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after acquiring an additional 55 shares during the last quarter. Elyxium Wealth LLC purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $33,000. Headlands Technologies LLC purchased a new position in Cboe Global Markets in the 2nd quarter worth approximately $31,000. Finally, Ameriflex Group Inc. raised its holdings in Cboe Global Markets by 97.4% in 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 last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of CBOE opened at $333.56 on Monday. The firm has a market cap of $35.38 billion, a PE ratio of 171.94 and a beta of 0.61. 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 fifty day simple moving average of $316.03 and a two-hundred day simple moving average of $285.01. Cboe Global Markets, Inc. has a 1-year low of $218.14 and a 1-year high of $371.18.

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

Cboe Global Markets Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have weighed in on CBOE. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Morgan Stanley boosted their target price on shares of Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. Piper Sandler boosted their target price on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Loop Capital set a $382.00 target price on shares of Cboe Global Markets in a research note on Monday, May 4th. Finally, Barclays boosted their target price on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. 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. Based on data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average target price of $322.60.

Insider Activity at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s 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 completion of the sale, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

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.