Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Position in Cboe Global Markets, Inc. $CBOE

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 53.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,442 shares of the company’s stock after purchasing an additional 49,700 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.13% of Cboe Global Markets worth $40,036,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CBOE. Brighton Jones LLC lifted its position in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after buying an additional 100 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock worth $951,000 after acquiring an additional 3,987 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Cboe Global Markets by 132.4% during the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock worth $1,087,000 after acquiring an additional 2,736 shares during the period. Woodline Partners LP boosted its position in shares of Cboe Global Markets by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after acquiring an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Cboe Global Markets by 138.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock valued at $77,000 after acquiring an additional 198 shares during the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $248.99 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market cap of $26.41 billion, a P/E ratio of 128.35 and a beta of 0.61. The firm’s 50 day moving average price is $304.85 and its 200-day moving average price is $287.07. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, May 1st. The company reported $3.70 earnings per share 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 net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.50 EPS. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.72 dividend. The ex-dividend date of this dividend 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 payout ratio is presently 98.97%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CBOE shares. Piper Sandler raised their price objective on shares of Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Barclays raised their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, May 4th. TD Cowen raised their target price on Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Finally, Morgan Stanley lifted their target price on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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 business’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 sale, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

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.