Cidel Asset Management Inc. Acquires 8,402 Shares of Cboe Global Markets, Inc. $CBOE

Cidel Asset Management Inc. increased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 11.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,369 shares of the company’s stock after acquiring an additional 8,402 shares during the period. Cboe Global Markets comprises 1.2% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 27th biggest holding. Cidel Asset Management Inc. owned 0.07% of Cboe Global Markets worth $22,308,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CBOE. Kendall Capital Management raised its stake in shares of Cboe Global Markets by 0.5% in the fourth quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after purchasing an additional 40 shares during the last quarter. SHUTTLEWORTH & Co boosted its position in shares of Cboe Global Markets by 0.5% during the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after buying an additional 41 shares during the last quarter. Norinchukin Bank The boosted its position in shares of Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares during the last quarter. Aprio Wealth Management LLC grew its holdings in Cboe Global Markets by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after buying an additional 43 shares in the last quarter. Finally, IHT Wealth Management LLC grew its holdings in Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after buying an additional 44 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $257.42 on Wednesday. The business’s fifty day simple moving average is $313.07 and its 200 day simple moving average is $287.48. The firm has a market capitalization of $27.30 billion, a P/E ratio of 132.69 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $223.54 and a 12 month high of $371.18. 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 announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.50 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. Morgan Stanley upped their target price on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research note on Friday, April 10th. Loop Capital set a $263.00 price target on shares of Cboe Global Markets in a research report on Monday. TD Cowen boosted their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Finally, Erste Group Bank cut shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets has an average rating of “Hold” and an average target price of $310.70.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 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.