Calamos Advisors LLC Reduces Stock Holdings in Cboe Global Markets, Inc. $CBOE

Calamos Advisors LLC reduced its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 99.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 802 shares of the company’s stock after selling 83,865 shares during the period. Calamos Advisors LLC’s holdings in Cboe Global Markets were worth $225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its holdings in Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $26,000. Elyxium Wealth LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $33,000. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets during the second quarter valued at about $31,000. Finally, DV Equities LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at about $37,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Down 1.6%

Shares of CBOE stock opened at $273.41 on Friday. The stock’s 50-day simple moving average is $293.80 and its 200-day simple moving average is $287.97. 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 capitalization of $29.00 billion, a PE ratio of 140.93 and a beta of 0.61. Cboe Global Markets, Inc. has a fifty-two week low of $227.15 and a fifty-two week high of $371.18.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping 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 company’s revenue 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 expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets 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. The trade was a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the subject of several research analyst reports. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Erste Group Bank downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. UBS Group upped their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Morgan Stanley reaffirmed an “underweight” rating and issued a $258.00 price target on shares of Cboe Global Markets in a report on Friday, July 10th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $314.00.

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.