Caxton Associates LLP Acquires Shares of 3,517 Cboe Global Markets, Inc. $CBOE

Caxton Associates LLP acquired a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, HoldingsChannel.com reports. The fund acquired 3,517 shares of the company’s stock, valued at approximately $989,000.

Several other hedge funds also recently made changes to their positions in CBOE. Sound Income Strategies LLC raised its holdings in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after purchasing an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in Cboe Global Markets in the 4th quarter valued at approximately $26,000. NFSG Corp purchased a new stake in Cboe Global Markets in the 1st quarter valued at approximately $31,000. Headlands Technologies LLC purchased a new stake in Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Finally, Elyxium Wealth LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 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

A number of brokerages have recently issued reports on CBOE. Loop Capital set a $304.00 target price on Cboe Global Markets in a research note on Monday, July 20th. Keefe, Bruyette & Woods lifted their price target on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Barclays cut their price objective on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Finally, TD Cowen raised their target price on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a report on Monday, July 20th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $303.60.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $285.07 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm’s 50-day moving average is $286.00 and its two-hundred day moving average is $289.22. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The firm has a market capitalization of $30.24 billion, a P/E ratio of 146.94 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $688.36 million. During the same period last year, the firm earned $2.50 EPS. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. On average, research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.