Cboe Global Markets, Inc. $CBOE Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp decreased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 22.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 235,038 shares of the company’s stock after selling 68,634 shares during the quarter. Boston Trust Walden Corp owned 0.22% of Cboe Global Markets worth $66,062,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CBOE. Sound Income Strategies LLC boosted its stake in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $26,000. Headlands Technologies LLC bought a new stake in Cboe Global Markets during the 2nd quarter valued at $31,000. Elyxium Wealth LLC bought a new stake in Cboe Global Markets during the 4th quarter valued at $33,000. Finally, DV Equities LLC acquired a new position in Cboe Global Markets during the 4th quarter worth $37,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CBOE. TD Cowen increased their target price on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, May 4th. UBS Group boosted their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Loop Capital set a $263.00 price objective on shares of Cboe Global Markets in a report on Monday, June 22nd. Finally, Piper Sandler increased their price objective on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $310.70.

Cboe Global Markets Price Performance

CBOE opened at $248.99 on Friday. The firm has a market capitalization of $26.41 billion, a P/E ratio of 128.35 and a beta of 0.61. The stock has a fifty day moving average of $304.85 and a 200-day moving average of $287.07. 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, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18.

Cboe Global Markets (BATS:CBOE) last issued 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. The business had revenue of $728.90 million for 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%.Cboe Global Markets’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.50 earnings per share. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a $0.72 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 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.