Cboe Global Markets, Inc. $CBOE Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S decreased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 10.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,377 shares of the company’s stock after selling 1,905 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Cboe Global Markets were worth $4,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Cboe Global Markets during the 2nd quarter valued at about $31,000. Elyxium Wealth LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $33,000. Ameriflex Group Inc. grew its holdings in Cboe Global Markets by 97.4% during the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Cboe Global Markets during the 3rd quarter valued at $45,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Activity at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’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 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. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CBOE. Morgan Stanley lifted their target price on Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday. Loop Capital set a $382.00 price objective on Cboe Global Markets in a report on Monday, May 4th. 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 research report on Monday, May 4th. Finally, UBS Group lifted their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $322.60.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $281.91 on Monday. The firm’s 50-day moving average is $316.44 and its 200-day moving average is $285.96. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a 1 year low of $218.14 and a 1 year high of $371.18. The company has a market cap of $29.90 billion, a P/E ratio of 145.32 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The business 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 company’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.50 EPS. On average, 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 business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s payout ratio is presently 98.97%.

Cboe Global Markets 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.