Cboe Global Markets, Inc. $CBOE Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC decreased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 297,345 shares of the company’s stock after selling 13,357 shares during the period. Cboe Global Markets makes up 2.2% of Anchor Capital Advisors LLC’s portfolio, making the stock its 4th biggest position. Anchor Capital Advisors LLC owned about 0.28% of Cboe Global Markets worth $74,634,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CBOE. Sound Income Strategies LLC lifted its position in shares of 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 purchasing an additional 46 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares during the period. Elyxium Wealth LLC acquired a new stake in Cboe Global Markets during the 4th quarter valued at $33,000. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets during the second quarter worth approximately $31,000. Finally, Ameriflex Group Inc. grew its stake in shares of Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 Stock Performance

Shares of Cboe Global Markets stock opened at $275.59 on Wednesday. The stock has a market cap of $29.23 billion, a price-to-earnings ratio of 142.06 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $218.14 and a twelve month high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The company’s fifty day moving average is $316.37 and its 200 day moving average is $285.31.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data 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 net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same period in the prior year, the firm posted $2.50 EPS. The company’s quarterly revenue was up 29.0% on a year-over-year basis. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Wall Street Analysts Forecast Growth

CBOE has been the topic of several analyst reports. Erste Group Bank assumed coverage on shares of Cboe Global Markets in a report on Tuesday, May 12th. They issued a “buy” rating on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a research note on Monday, February 9th. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Barclays boosted their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Piper Sandler lifted their price objective on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $322.60.

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.