SG Americas Securities LLC Acquires 9,814 Shares of Cboe Global Markets, Inc. $CBOE

SG Americas Securities LLC raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 10.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 104,175 shares of the company’s stock after buying an additional 9,814 shares during the quarter. SG Americas Securities LLC owned 0.10% of Cboe Global Markets worth $29,280,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Cboe Global Markets by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after acquiring an additional 120,021 shares during the last quarter. State Street Corp raised its stake in Cboe Global Markets by 2.1% during the 3rd quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after purchasing an additional 101,349 shares during the last quarter. Geode Capital Management LLC raised its stake in Cboe Global Markets by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after purchasing an additional 65,108 shares during the last quarter. Morgan Stanley boosted its holdings in Cboe Global Markets by 6.1% in the 4th quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock valued at $675,482,000 after purchasing an additional 155,333 shares during the period. Finally, Invesco Ltd. boosted its holdings in Cboe Global Markets by 5.8% in the 4th quarter. Invesco Ltd. now owns 1,931,272 shares of the company’s stock valued at $484,749,000 after purchasing an additional 105,168 shares during the period. 81.73% of the stock is owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the transaction, the director directly 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Performance

Cboe Global Markets stock opened at $257.42 on Wednesday. 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 stock has a fifty day moving average price of $313.07 and a two-hundred day moving average price of $287.48. Cboe Global Markets, Inc. has a 52-week low of $223.54 and a 52-week high of $371.18. 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 (BATS:CBOE) last issued its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate 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 company had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. During the same quarter in the previous year, the company earned $2.50 EPS. The firm’s revenue for the quarter was up 29.0% compared to the same quarter last year. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently issued reports on CBOE. Piper Sandler boosted their price objective on shares of Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Morgan Stanley increased 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. UBS Group lifted their target price on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Argus raised Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Finally, TD Cowen raised their price objective on Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $310.70.

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.