Arbejdsmarkedets Tillaegspension Decreases Stock Holdings in Cboe Global Markets, Inc. $CBOE

Arbejdsmarkedets Tillaegspension decreased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,500 shares of the company’s stock after selling 2,318 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Cboe Global Markets were worth $25,156,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC raised 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 buying an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Cboe Global Markets in the 4th quarter worth $26,000. Elyxium Wealth LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth $33,000. Headlands Technologies LLC purchased a new position in shares of Cboe Global Markets in the 2nd quarter worth $31,000. Finally, DV Equities LLC bought a new stake in shares of Cboe Global Markets in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CBOE shares. Loop Capital set a $347.00 price target on shares of Cboe Global Markets in a research report on Thursday. Barclays cut their target price on shares of Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating for the company in a research report on Thursday. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Finally, TD Cowen upped their price objective 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. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $314.10.

Insider Transactions at Cboe Global Markets

In related 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 value of $437,944.07. Following the transaction, the director directly owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Stock Performance

Shares of Cboe Global Markets stock opened at $268.07 on Monday. Cboe Global Markets, Inc. has a fifty-two week low of $227.15 and a fifty-two week high of $371.18. 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 company has a market capitalization of $28.43 billion, a P/E ratio of 138.18 and a beta of 0.61. The company has a fifty day moving average of $299.74 and a 200 day moving average of $287.47.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. During the same period last year, the firm earned $2.50 earnings per share. The business’s quarterly revenue was up 29.0% on a year-over-year basis. On average, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share 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. Investors of record on Friday, May 29th were paid 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 98.97%.

Cboe Global Markets Company 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.