Erste Asset Management GmbH Buys 6,493 Shares of Cboe Global Markets, Inc. $CBOE

Erste Asset Management GmbH lifted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 14.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,096 shares of the company’s stock after acquiring an additional 6,493 shares during the quarter. Erste Asset Management GmbH’s holdings in Cboe Global Markets were worth $12,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC raised its position in shares of Cboe Global Markets by 0.4% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 41,061 shares of the company’s stock worth $10,306,000 after acquiring an additional 159 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Cboe Global Markets by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 373,810 shares of the company’s stock worth $93,826,000 after acquiring an additional 16,477 shares during the last quarter. Syon Capital LLC raised its position in shares of Cboe Global Markets by 28.6% during the fourth quarter. Syon Capital LLC now owns 2,443 shares of the company’s stock worth $613,000 after acquiring an additional 544 shares during the last quarter. Cookson Peirce & Co. Inc. raised its position in shares of Cboe Global Markets by 3.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 5,636 shares of the company’s stock worth $1,415,000 after acquiring an additional 187 shares during the last quarter. Finally, 111 Capital bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $238,000. 81.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CBOE has been the subject of a number of research analyst reports. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Barclays lifted their target price on Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a report on Monday, February 9th. Finally, Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $322.60.

Insider Activity at Cboe Global Markets

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 stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of 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 SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by corporate insiders.

Cboe Global Markets Trading Down 0.6%

BATS CBOE opened at $280.32 on Tuesday. The company has a market cap of $29.73 billion, a price-to-earnings ratio of 144.50 and a beta of 0.61. Cboe Global Markets, Inc. has a 52 week low of $218.14 and a 52 week high of $371.18. The business has a 50 day moving average price of $316.45 and a 200-day moving average price of $286.11. 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 (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. The firm had revenue of $728.90 million during the quarter, compared to the consensus estimate of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.50 earnings per share. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 1.0%. Cboe Global Markets’s payout ratio is currently 98.97%.

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.